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capital asset
is the transfer residential property treated as transfer & chargable to capital gain accordingly
Replies (2)
yes you will be charged long term or short term as required on capital gain.
yes, residential property is a capital asset, gains is taxable and you have options to get exemption vide sec 54 and other sections.
consult any tax expert for various options to get exemption
consult any tax expert for various options to get exemption
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