Flat sale
This query is : Resolved
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
My question How Rs. 6.00 lac would be considered in computation of income tax
Please guide
28 November 2016
The profit will be treated as Long Term capital gain.
29 November 2016
please tell me how to compute this considering sale date is 28.11.2016 and purchase date 01.11.2012
29 November 2016
U may visit the following link to get a rough figure regarding that:-
http://finotax.com/income-tax/cgcalc
http://finotax.com/income-tax/cgcalc
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