It is a generalized Capital Gain Tax calculator which calculates Long Term and Short Term Capital Gain based on the time of holding ( purchase date and sale date), on the type of assets such as property or Gold or stocks or equity Mutual Funds. Generally, the rules for classifying short ...
Is it legal to pay in cash to a trader for a sale amount exceeding twenty thousand rupees - Cash sale exceeding twenty thousand
If one sells a property which has been held for more than 2 years, one long term capital gains. If one investsthe capital gain(not the difference between cost and sale price) within 1 year of sale or 2 years of the transaction, under section 54, 54F/FC, the capital gain is not char...
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The gain arising from the transfer of property attracts capital gains tax. Since you have held this property for more than 24 months, the resultant gain is taxable at the rate of 20.60% (plus applicable surcharge) as a long-term capital gain (LTCG). ...