We are planning to sold a plot and will earn approx. 27 lakh long term capital gain after indexing from it. That plot is on the name of my mother (age 63 yrs, house wife) and has no other income source. Our one house is also on her name. What will be the Tax liability?
20% + Cess is the tax rate (over 24 lakhs)........... unless deduction for any or all of the 27 lakhs invested in 54EC bond for 3 years.
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
