We had purchased a property with house in 1991 for 1.5 lacs. What would be the ideal price which will not attract
LTCG . Property is located in Kollam,. Kerala
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LTCG on property sale
Replies (3)
If sale consideration is 433500 or less than that , then no ltcg
So low.?
In order to arrive at indexed cost of acquisition, you may consider cost of purchase or fair market value as on 01/04/2001, whichever is higher.
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