11 July 2018
Dear Experts, I have purchased a house in August 2016 , cost of house was 22 lacs.to purchase house loan of 17 lacs taken by me from OBC. I have sale out a plot in February 2018 ,sale amount is 12 lacs which was purchased by me in 2010.purchased amount was 5 lacs. I have deposited 12 lacs rupees for my home loan which I got after selling a plot. My query is that I have to pay any tax or not for long term capital gain. Thanks and regards Raj
CAclubindia
