What is the rate of LTCG Tax if no Indexation is taken on the cost of the acquisition?
The asset in question is a Residential House.
Arun Vermani (Article Assistant) (30 Points)
05 December 2011What is the rate of LTCG Tax if no Indexation is taken on the cost of the acquisition?
The asset in question is a Residential House.
amit agarwal
(dept head)
(137 Points)
Replied 05 December 2011
the rate will be 10% subject to fulfilment of condition laid down in proviso clause