I wanted to know if LTCG exemption is still allowed even if the builder of the new residential construction fails to hand over the property to the taxpayer within 8 years of purchase.
NRI selling property in India after 18 years
Lancy M2017
14 January 2019 08:39:14
1
aasheesh
14 January 2019 09:00:17
28
Escape window 2: LTCG on these instruments realised after 31.3.2018 by an individual will remain tax exempt up to Rs 1 lakh per annum i.e. the new LTCG tax of 10% would be levied only on LTCG of an individual exceeding Rs 1 lakh in one fiscal.
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