Tax on Selling shop

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..... Hi, I have sold one shop in current financial year for around 40 lacks at govt rate which was bought at around 5 lacks 7-9 years back. So how much i have to pay tax for this and how can use that mon .....

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..... ey efficiently and can that money be used in building or other expenses. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = You have to pay income tax on capital gains considering the index for capital .....

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..... gains. It is advised a tax consultant may be consulted in this regard. - Tax on Selling shop - Query Started By: - subhash g Dated:- 18-2-2016 Income Tax - Got 1 Reply - Income Tax - Discussion .....

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..... Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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