QUERY ABOUT LAND

What is the stamp duty value of the land at the time of sale?

stamp duty at the time of sale RS 90000

So , As per section 50C , the sale consideration will be ₹ 28,00,000.

The value of capital gain will be,
Sell consideration (i.e.2800000)
- cost of sales(i.e. any brokerage or commission paid)
- indexed cost of improvement(if any improvement done)
- indexed cost of acquisition.

The resulting amount will be your long term capital gain.

Full value sale consideration

less:
cost of sales
indexed cost of improvement
indexed cost of acquisition
____________________
Long term capital gain