capital gain tax
My father had purchased a property in 1970 which is in my name since last ten years. This year I demolished the house which was built on it at the time of purchase by my father and got a new plan pass
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Response(s)
5 years ago
A. Dear Client,
The best option for you would be to engage an Income Tax Lawyer or Chartered Accountant .
Basically I do not see any reason why should you pay additional or more tax.You pay what what is due on you. Remember it is not mantra. Everything is written in black and white.
Shanti Ranjan Behera, Advocate
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