I had purchased owner ship flat during 1984,
society went for redevelopment, agreement between flat owner and developer signed as Alternate permanent accomodation during June 2015.
possession of flat received during July 2018,
Now I want to sell it,
to buy another flat immediately so,
is there any tax liability ( capital gain) ?
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Capital Gain tax ?
Replies (1)
If you do investments as per section 50-54 of capital gain earned then no tax liability otherwise it will be 20% of gain.
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