Tax on Selling shop

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..... Tax on Selling shop
Query (Issue) Started By: - subhash g Dated:- 18-2-2016 Last Reply Date:- 18-2-2016 Income Tax
Got 1 Reply
Income Tax
Hi, I have sold one shop in current financial ye .....

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..... ar for around 40 lacks at govt rate which was bought at around 5 lacks 7-9 years back. So how much i have to pay tax for this and how can use that money efficiently and can that money be used in buil .....

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..... ding or other expenses. Reply By MARIAPPAN GOVINDARAJAN: The Reply: You have to pay income tax on capital gains considering the index for capital gains. It is advised a tax consultant may be consult .....

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..... ed in this regard.
Discussion Forum - Knowledge Sharing .....

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