Capital gain tax on ver old property
sumeet (elelctronic) (105 Points)
01 April 2023is very old house sale is exempted from capital gain tax.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(142056 Points)
Replied 01 April 2023
You have to pay capital gain tax of house, howsoever old, when you get any capital gains by its sell..
The tax liability gets reduced due to indexation; in your case based on April 2001 cost.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(142056 Points)
Replied 01 April 2023
You have to pay capital gain tax of house, howsoever old, when you get capital gains by its sell.
The tax liability gets reduced due to indexation; in your case based on April 2001 cost.
prasad Nilugal
(Sr . Accountant and GST Practitioner . )
(12463 Points)
Replied 02 April 2023
sabyasachi mukherjee
(18899 Points)
Replied 06 April 2023
ITR 1 and ITR 4
GST Practitioner Certificate Course 36th Batch