Inherited property Tax
by Anurag Das on Aug 19, 2012 10:40 AM

My father bought a property for 900 rupees in 1950,he died in 1997,I inherited 1/4th of the property in 2007 ,and now I have sold my share for 12.46 lakh,How to calculate my capital gain ?What should be the tax I need to pay ?How I can minimise the tax ?

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