Give the figures as:
Flat purchased in 2002-03: for Rs...........
Flat sold in 2016-17 for Rs.: 17,50,000/-
So that capital gain can be evaluated.....
LTCG ..... 8.70 L
Tax liability at 20.6%....... Rs. 1,80,000/-
WITHIN 2 MONTHS WE PURCHASE 1750000
THAN
If you purchase any house property within 2 months....... No tax liability...
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
SNCO
Mumbai
CA Inter
Sharma Chetan And Company
Gurgaon
Arvindkumar Maniar & Co.
Rajkot
CA
SKAA & Associates
New Delhi
AJAY SINGH AND CO LLP
Thane
CA Final
Global Image Technologies Private Limited
MBA
RB KESHRI & CO.
Getfive Advisors Pvt. Ltd.
Ahmedabad
India's largest network for finance professionals
Alternatively, you can log in using: