i want to calculate long term capital tax on property from where do i do it details purchase value 1000000/- assessment year 2007-2008 sale value rs 4724000/- assessment year 201-2016
please calculate tax approximatetly payable
regards
Menu
Capital tax
Replies (1)
Sale consideration= Rs. 47,24,000/-
Less
indexed cost of acquisition=Rs.19,73,025/- (10,00,000 (1024/519))
LTCG = Rs. 27,50,975/-
Tax @ 20% = Rs. 550,195/-
Recent Topics :
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
