Capital Gain tax amount on Land Sale

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NA
21 Points Posted on 10 October 2023

Land Purchase Date : May 2012

Land  Purchase Price : 3.34 Lakhs , Registration Paid around on 3.34 Lks

Land Sellng Date : Oct 2023

Land Selling Price : 32Lakhs

What will be the  capital gaiin tax will be  calculated with indexation .

How much it will come as capital gain where we have to pay the tax.

 

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On 10 October 2023 at 13:17 Report
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ACCOUNTS MANAGER
2213 Points Posted on 10 October 2023

 

It may be around 5,25,000 to 5,50,000 with cess as LTCG apply for your property .

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On 10 October 2023 at 13:44
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Profession Business
28246 Points Posted on 11 October 2023
Urban or rural limits
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On 11 October 2023 at 09:07
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CA ipcc
449 Points Posted on 12 October 2023
Ltcg should be rs 295000 invest in nhai bonds with 6 months to claim exemption under 54f
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On 12 October 2023 at 19:47
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Profession Business
28246 Points Posted on 12 October 2023
Capital gain tax amount on tax sale.
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On 12 October 2023 at 21:44

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