54 capital gain

Taxable capital gain . pay tax
nature of security
stt paid or not
pls disclose.

Capital gain on sale of house will be arises.. yes it will be taxable under capital gain head

If the assessee have sold the house and cg arises to get exemption on cg have to purchase a house within 2 year ,,, meanwhile the assessee have to deposit the cg amount in capital gain saving account before the due date of filing the itr and can claim the exemption, in case assessee failed to utilized the cg amount within 2 year than have to pay tax on the capital gain while closing the capital gain saving account

THE ASSESSE HAS TWO OPTIONS AVAILABLE
A) INVEST IN CAPITAL GAIN BOND OF CATEGORICAL INVESTMENTS
B) invest in infrastructure bonds
C) Invest in house property within the relevant time period.