• Short-term investment

I am going to sell my house. Please kindly tell all types of taxes that I have to pay to the government? Also mention their rates. I expect to get  1 crore then how much should I expect to remain with me?
Asked 2 years ago in Property Law from Kolkata, West Bengal
if you have held the asset for more than 3 years, it is treated as long term. in present case you have held asset for only 2 months .

 short-term gains  are included in the investor's income and are taxed as per the slab rate.
Ajay Sethi
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you have to contact your chartered accountant to work out these details . as mentioned earlier the gains are added to your income and you would have to pay tax as per slab rate under which your income falls
Ajay Sethi
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