Property Sale and Income Tax: How the Department Already Knows and What to Report A family sells an ancestral flat, receives the money, repays a loan and treats the matter as closed. When the return is filed, the capital gain is computed on the agreement value, the stamp duty value... Capital Gains Direct Tax Income Tax Tax Notice 31-Oct-2026
Capital Gains Tax Calculation in India: Why Your Profit Is Not Your Taxable Gain You sold a flat for ₹1 crore that you bought for ₹40 lakh, so the gain is ₹60 lakh. That is how most people think about it, and it is often wrong in both directions. The tax law asks what you sold, ho... Capital Gains Direct Tax Income Tax Tax Planning 31-Oct-2026