Sir/Madam,
On which housing property Capital Gain tax is levied : Residential Plot Or Residential House/Flat Or Both ?
Somebody says No LTCG on Residential Plot, is it true ?
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LTCG levied on which : Residential plot or Residential House/Flat ?
Replies (1)
1. Capital gains/loss arises on each and every asset as stated by you, when sold or transferred.
2. No, its not true.
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