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LTCG on property sale

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19 Points Posted on 02 April 2021
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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On 02 April 2021 at 12:30 Report
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93 Points Posted on 02 April 2021
If sale consideration is 433500 or less than that , then no ltcg
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On 02 April 2021 at 14:49
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19 Points Posted on 02 April 2021
So low.?
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On 02 April 2021 at 15:06
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CMA
13117 Points Posted on 02 April 2021
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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On 02 April 2021 at 15:54


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