Tax on Capital gain
Ajay Kumar (2 Points)
07 August 2019
If a Super Senior Citizen has only Income from the sale of land and the net capital gain is 4 lakh, whether he has to pay tax??!
2 Replies
CA Ankur Mehan
(119 Points)
Replied 07 August 2019
Yes there is no exemption to senior citizen.
Tax will be flat 20% on capital gain
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