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Sold house

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S. Devi jegatha

S. Devi jegatha (Querist)
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01 March 2019 Dear Sir,

i sold my 15 years old house around 25 laksh. what is the tax impact applicable with me.
What is the procedure ?

Pl. clarify..

Akshay Thakre

Akshay Thakre (Expert)
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01 March 2019 You have to pay long term capital gains tax on sale of house

CA Abhishek Goyal

CA Abhishek Goyal (Expert)
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05 March 2019 You have to show capital gain income in your Income tax return. You have to pay tax on the capital gain after deducting index cost.

venkata krishna reddy

venkata krishna reddy (Expert)
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13 March 2019 you have to pay L.T.C.G after considering indexation.

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