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Long Term Capital Gain
One of my client have purchase land in 1963 and made building. Now wants to Sale land with building. She is senior citizen. What will be the tax implication.
Replies (5)
you will have to pay CG tax and to escape tax liability invest the same in new house or NHAI bonds
What will be tax %
Tax rate on long term capital gains is 20 %
Tax Rate is 20% after indexation Benefit
20.6%
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