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Capital gain for elderly person

Others 119 views 1 replies

Dear Users,

My mom is has deposited capital gain amount and not intersted in buying a proeprty for it . Is it possible to utilize the money for self purpose . How much tax will be deducted , pls help

 

Regards,

Vel

Replies (1)

Same what tax liability, you would have calculated at the time of sale. Generally, 20.6% of the balance in the account. .


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