Capital gain on property sale
sisirsabat (B.Com) (24 Points)
26 April 2016
family property inherited by me under partition deed amongest family members sold for 9 lacs in dec 2015
sisirsabat (B.Com) (24 Points)
26 April 2016
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 26 April 2016
Capital gains tax will be applicable for the above scenario.
Anupam
(SWE)
(26 Points)
Replied 26 April 2016
Also, a helpful article on the same: https://www.sunilkumarjain.com/news/2016/4/18/capital-gain-tax-on-sale-of-house-substantial-savings-by-advance-planning
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