CAPITAL GAIN TAX CALULATION

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IF I sold Non Agriculture land ( situated in CITI AREA) in 150000000/- in Aug'24, and as per valuation report land value in 2001 is Rs. 60000000/- so how much capital gain tax I have to pay ? Also i want to know how much amount i have to deposit in capital gain tax bank account ?

Replies (2)

The query already replied earlier.

There is capital loss to be carried forward as per valuation report of 2001, and its indexed value as in 2024-25.

So, no capital gain liability and as such no need to deposit any amount in capital gain bank account.

Wrong calculatiìn


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