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Capital gain on property for senior citizen

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(Querist)
23 July 2024 Please confirm the capital gain if property purchased in June 1996 for 1.5 lakhs and sold in oct, 2023 for Rs 19.00 lakhs. Assessee is senior citizen
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
23 July 2024 Consider the FMV of the property as per circle rate as its cost of acquisition, and indexed it.

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