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Gain from sale of house property

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2012 House bought in year 2000 in Bangalore, sold in 2012,
How to calculate tax for the gain
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Ravikant

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Ravikant (Expert)
11 January 2012 Deduct cost of property from the sale value, u will get Short term Capital Gains which will be taxed as per the Normal Slab applicable

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