Suppose seller purchased building in year 2015
Value of building on time of purchase = 800000/-

He sold the same for 60 lacs in 2016
Calculate Short Term Capital Gain (STCG) and Tax

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Suppose in last question person has salary income also of 15Lacs

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  1. Tax Practical
  2. Practical TDS (Non Salary)
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .