26 September 2019
Sir...one of my relative lives to US and wants to sell his property in India...i would like to know how much tax he needs to pay.. and also i want to know the procedure to calculate this tax. following are the property details:-
Date of purchase 2nd July 2010 purchase price : Rs.34,00,000 going to sell next month for Rs. 1 crore 42 lakhs
please let me know whats the tax he needs to pay and procedure to calculate. Thanks...
CAclubindia
