Dear Users,
My mom is has deposited capital gain amount and not intersted in buying a proeprty for it . Is it possible to utilize the money for self purpose . How much tax will be deducted , pls help
Regards,
Vel
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Capital gain for elderly person
Replies (1)
Same what tax liability, you would have calculated at the time of sale. Generally, 20.6% of the balance in the account. .
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