Long term capital gains tax of property India

Long Term Capital Gains Tax on Property return is to be filed when gains arise on account of sale of any house, land, office, building etc. If a property is sold within a period of 24 months (from F.Y. 2017-18) from date of its purchase, the gains will be taxed as Short Term Capital Gain and as Long Term Capital Gain if sold after 24 months. Taxgoal advises you with the optimum investments that can be made which will enable you in saving capital gains tax and help you file your online income tax return fast & easy.

Sold any House Property like flat, residential building, commercial building etc & made Gain on such sale? File your Capital gain return with Taxgoal

What is Capital Gains Tax on Property? What are the types of capital assets?

• Any Profit or Gain arising from the transfer of a Capital Asset during the year is charged to tax under the head “Capital Gains”.
• Capital assets include but not limited to Shares, Immovable property, Gold, Mutual funds, etc.

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