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

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Mumbai
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0 2022-07-26T10:21:24+00:00
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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.

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

Is long term capital gain taxable?

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Indrani

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