Capital gain tax on loan taken against transfer of property

Tax queries 147 views 3 replies

Land Purchase as on 16-07-2014 for Rs. 2,59,000/-

Mortgage Loan taken against the above Land as on 31-03-2016 For Rs 25,00,000/-

What is Captal Gain Tax Provisons or Tax Liabilities?

Venkatesh-9394 283848

Replies (3)

No question of transfer here, for applicability of any capital gain.........

Thanking you Sir

Most Welcome......


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