Tax implications on sale of House property

Hi,

What are the tax implications on sale of household property in india for a resident and non resident.
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Quick Summary
This discussion clarifies the tax implications when selling a house property in India. It addresses how both resident and non-resident individuals are taxed, distinguishing between Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG) based on the holding period of the property.

Resident /non resident taxable long term /short term
You have to treat it as LTCG/STCG
Why are u not answering here instead of inbox

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