Tax capital gains

151 views 5 replies
pl guide what are rules of capital gains tax and in which situation it is have to be paid by any individual
Replies (5)

1.   https://www.incometaxindia.gov.in/Tutorials/15-%20LTCG.pdf

2.   https://www.policybazaar.com/income-tax/capital-gains-tax-in-india/

3.   https://cleartax.in/s/capital-gains-income

When you said told any property after 3 years from purchase then long term capital gains will be applicable at the rate 20% and if you sell the property within 3 years then short term capital gains will be applicable at the rate 15% then the tax should be paid while filing return
Sorav ji ..even if we purchase new property by selling old , even than capital gains tax to be paid ?
Then in that case if you purchase another property within two years of your sales then that amount of purchase would be exempt or you can invest in specified bonds within 6 months of transfer
Capital gain tax have to be paid on profit amout right na.....if I taken loan from my brother in law without intrest to purchase flat now and repay part or full after sale of old property ..than what will hv to paid as capital gains tax n how much .pl


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register