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Flat sale

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(Querist)
28 November 2016 I have purchased a Flat for Rs. 5.00 lac on Nov 2012 and now want to sale this now for Rs. 6.00 lac
My question How Rs. 6.00 lac would be considered in computation of income tax

Please guide
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Sandeep Dharar

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Sandeep Dharar (Expert)
28 November 2016 The profit will be treated as Long Term capital gain.
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Sankar Chakraborty

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Sankar Chakraborty (Querist)
29 November 2016 please tell me how to compute this considering sale date is 28.11.2016 and purchase date 01.11.2012
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Sandeep Dharar

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Sandeep Dharar (Expert)
29 November 2016 U may visit the following link to get a rough figure regarding that:-


http://finotax.com/income-tax/cgcalc

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