Dear Sir,
I bought a land in Oct'13 for Rs 5.5 Lacs & have sold in June'19 for Rs 18.9 Lacs, pls let me know how is the Long Term Capital Gains Tax calculated
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Long term capital gains tax calculation
Replies (2)
Let CII index for FY 2019-20 be declares first (expected to be notified in next week).
If CII for FY 2019-20 is taken as X...
LTCG = 18.90 L ---- 5.50 * [ x/220]
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