Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Taxes / 74 years lady wants to sell SRA property for Rs. 60 lakhs. Is she liable to pay long term capital gain tax?
Q.

74 years lady wants to sell SRA property for Rs. 60 lakhs. Is she liable to pay long term capital gain tax?

view 52 Views

1 Answers

2 Year

Comment

Mumbai
whatsapp [#222222128] Created with Sketch. Send
0 2022-07-26T10:21:24+00:00
⤺ Reply

As per Union Budget of 2018, an individual is liable to pay long term capital gain tax if her income is over Rs 1 lakh. Being a 74 years old lady, she might be given some concession after getting Rs 60 Lakhs but such things are to be consulted with legal experts and then made sure.

Opt for NoBroker Legal Services’ experts and let them guide you with the best possible answer

  

Read More:

If I sell my SRA property Am I liable to pay long term capital gain tax?

Is long term capital gain taxable?

Shifting, House?

✔

Lowest Price Quote

✔

Safe Relocation

✔

Professional Labour

✔

Timely Pickup & Delivery
inline_cards

Intercity Shifting-Upto 25% Off

Check Prices

inline_cards

Intracity Shifting-Upto 25% Off

Check Prices

inline_cards

City Tempo-Upto 50% Off

Book Now

Most Viewed Questions

How to Download Income Certificate Online Tamil Nadu?How to calculate home loan EMI?What is MOD Charges for Home Loan?What is part period interest in SBI home loan?How to Avoid Part Period Interest in SBI Home Loan?How to check APF number online?Last 10 Years Home Loan Interest Rates in India?How to Close SBI Home Loan?How to Do Prepayment of SBI Home Loan?How to Check EPF Grievance Registration Number?See All

Recently Published Questions

With a 35K salary, am I eligible for a home loan in Pune?Can I Get A Home Loan With 550 Credit Score?How to Get Home Loan from Union Bank of India?How Much Home Loan can I Get on 18000 Salary?What are the Documents Required for KSFE Housing Loan?Which bank provide home loan in gram panchayat?What is the Processing Fee for Home Loan Indiabulls?How much home loan can I get on 50000 salary?Can I Get Home Loan without Form 16?Can We Take Loan on Power of Attorney?See All

Authors Of The Question

profile
Indrani

0 Total Answers


0


profile

Recently Answered Questions

How to Fix a Leaking Pipe Behind a Wall? How Long Does it Take to Rent a Commercial Property? How do You Stop a Door from Sticking? How to Repair a Rotted Floor? How To Check If Voltage Stabilizer Is Working? What is BDA Approved Site? What is the Land Rate in Gurgaon? How to Seal MDF Before Painting? How to Use Milk Paint on Finished Wood? What Color Paint Goes with Mahogany Wood?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners