POSTED BY August 23, 2012 1:56 pm ONE COMMENTON
If I buy a plot for Rs. 10 lakhs and sell it at Rs. 15 lakhs. But buy another plot for Rs. 15 lakhs.
Pl.let me know if I’d be required to pay any tax like income tax ,capital gains tax or any other tax on my profit (on 15lakh -10 lakh=5 lakhs).
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