Sir/Madam
A land was bought in 2008 value Rs 13 lakhs
Sale happens in 2026 for Rs 52 lakhs
1) May I please know what is the capital gains tax?
2) If the person wants to buy an apartment with the same money to avoid tax it should be blought within how many months/years ?
Thanks a lot
Shanthi
The said person is above 81 years old
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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