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Surrender of tenancy rights

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Querist : Anonymous (Querist)
14 December 2015 If I surrender my tenancy rights in lieu of compensation from Landlord, will the amount received be treated as Long term Capital gain. Also,since Cost of Acquisition is NIL, will LTCG be calculated without indexation @10% or normal rate of 20.6%?

14 December 2015 LTCG will be taxed at 20.6%.



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