Capital Gain basis property circle rate

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Hello everyone, 

I purchased a property at Rs 10 lakhs a few years ago, the indexation value of the same is now Rs 30 lakhs. I intend to sell the property (basis the offer I have) at Rs 55 lakhs. The circle rate of the property is Rs 65 lakhs.

 

Will I be subject to capital Gain tax in this case ??

 

Regards

Garima

Replies (4)
Yes Capital Gains will attract
Any transfer of capital asset , capital gain arises depending on the tenure of holding.
Yes...
But the rate of the house property equals fair market value or others.

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