Sunday, February 28, 2021
Home The tax on LTCG will be paid in 4 advance tax funds itr-kMoE-621x414@LiveMint_1610968770261.jpg

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Any immovable property (being land or building or both) held for a period of more than 24 months is classified as a long-term capital asset. Long-term capital gain (LTCG) is taxable at 20% (plus applicable surcharge and health and education cess). (Jayachandran/Mint)

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