sir
I want to sell my land with home that i got from my father. The current govt value of the land is 3,00,000/- But i sell it at Rs 30,00,000/- If i give the cheque to my savings bank account then how much tax is payable? plz answer very urgent. or any way for not paying tax
20% Long term capital gains tax over profits (cost of the property to be arrived at 1st apr.2001, from valuer, which is to be indexed.)
O P Bagla & Co LLP
New Delhi
CA Inter
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CAclubindia
