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LTCG: Know how to save Long Term Capital Gains tax on property sale : comparemela.com
LTCG: Know how to save Long Term Capital Gains tax on property sale
According to the Income Tax Act, this comes under capital gains. The short-term capital gains tax is applied to the profit if the property is sold within two years of purchase while if the asset is sold after two years, then it attracts LTCG.
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Suresh Sadagopan
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Income Tax Act
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Long Term Capital Gains
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