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Long Term Capital gain for sale of commercial land

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(Querist)
17 July 2020 A piece of land was purchased in the year 1966 and sold in 2019-2020. What is the percentage of Capital gain with indexation and without indexation. The capital gain comes more than one lac.

G.Senthilkumar
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 July 2020 With out indexation is not permitted for land. With indexation tax rate is 20%.

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