rate of tax on property buying

What is the rate of income tax payable on Buying of property of land?  Is it the rate of LT capital gains?  Is there any exemption or rebate applicable on it?????????pllllllllllllllsssssssssss help!!!!!!!!!!!!!!11

Replies (1)

There is no income tax on buying a property .capital gain tax is paid on gain arising out of sale.stamp duty is paid at the time of purchasing property.I think u r not clear with ur Question

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