Dear Experts,
We are 4 brothers. Recently in the financial year 2017 we sold an ancestral property.
Following are the details
Agreement value in 1992 ₹400000/-
Agrement value in 2017 ₹ 3900000/-
Market Value in 2001 ₹925000/-
This property was bought in 1992 & sold in 2017.
Please advise how much capital gain tax each brother has to pay individually.
Thank you.