inherited plot sale how to capital gain
VIKAS KUMAR SHARMA (GST Practioner) (690 Points)
08 July 2019Regards
VIKAS KUMAR SHARMA (GST Practioner) (690 Points)
08 July 2019
sujithavasa
(176 Points)
Replied 08 July 2019
kajol
(Executive)
(201 Points)
Replied 08 July 2019
The long term capital gain will be taxed at the rate of 20 % . find the difference between what you paid for your property and how much you sold it for—adjusting for commissions or fees. Depending on your income level, your capital gain will be taxed federally at either 0%, 15% or 20%.
VIKAS KUMAR SHARMA
(GST Practioner)
(690 Points)
Replied 08 July 2019
he don't know the aquisition value of property
sujithavasa
(176 Points)
Replied 08 July 2019
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)