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IT applicable for property sale income
Iam a salaried employee and submitting IT return since last two years . Now I sold my individual property for Rs.50,00,000. whether th is property sale will effect my taxable income
Replies (3)
Yes. Income from sale of property is taxable under the head CAPITAL GAINS.
Yes. Income from sale of property is taxable under the head CAPITAL GAINS.
what you did with the sale amount?
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