Capital gain tax on property

How and what is present method of calculation for Capital gain tax on property in Delhi city for a senior citizen if sale proceed is not invested in any form.

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When you sell an immovable property, the tax rates would depend on whether the gains were short-term (holding-period < 24 months) or long-term (holding-period > 24 months).

In the case of LTCG, tax is applicable at the rate of 20% and for STCG, tax is applicable at slab rates.

You can also claim indexation benefits while calculating your long-term gains from immovable property. Here’s a detailed read:

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