The facts of the case are as follows
- A plot was purchased my me in April 2000 at cost of Rs 586000
- House was constructed on the same in the year 2002-03 at cost of Rs 750,000
- The house was sold in March 2013 for Rs 72 Lacs
- Expenses on sale including Transfer fees/ registration charges/ property dealer charges paid in Feb 2013 are Rs 669000
- I have purchased new house for Rs 12lacs, amount would be paid in April 2013
- Please help me compute Long Term Capital Gains and the Income Tax Payable if any