capital gains tax for senior citizens
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2011
Sir,
My mother is a senior citizen & she sold a plot for Rs-15 lakhs,purchased in 1983 for Rs-3000/,will she have to pay capital gains tax.She has no income & is 78 years old.Pl advise.
My mother is a senior citizen & she sold a plot for Rs-15 lakhs,purchased in 1983 for Rs-3000/,will she have to pay capital gains tax.She has no income & is 78 years old.Pl advise.
22 June 2011
Yes she will have to pay long term capital gain. Indexation benefit will be available to her.
23 June 2011
Income Ka "Umra" ( Age ) Se Koi Lena Dena Nahi Hai.
.
Yadi Income Hai, To Tax Dena Padega.
.
.
Yadi Income Hai, To Tax Dena Padega.
.
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