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capital gain

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(Querist)
20 November 2009 a assessee sale land Rs 74 lakhs on 2006, purchase value 16.5 lakhs on 2005.short term cpital gain attact. normal rate tax is applicable.any exemption availble .explain detail.
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CA Balram Sharma

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CA Balram Sharma (Expert)
20 November 2009 no benefit is available have to pay tax,

only benefit is slab will applicable

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