if I sell my old house,worth RS 1,10,00,000 in same city and buy 80 lakhs RS house in same city from it only than can I put 30lakhs for my use or
that 30 lakhs will not be there as tax I have to pay for this selling and buying my own property and if I have to pay tax then how much I have to pay please explain in details....to save my 30 lakhs for personal use.
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Replies (1)
These are depends on several things, First to decide It comes under LTCG or STCG. Please provide the details when you purchase that property & what was the stamp authority valuation at the time of selling.
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