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capital gain tax
by A.Arokiasamy on Jul 31, 2006 08:15 PM

I am having one acre of urban land.Now thepresent value is Rs100.The guide line value is Rs500.The capital gain tax is 20%.Auditor says you would not get antthing.Please give me a suggestion.Iam owner of a house,so Ican not sell this land and buy another land.Thanking you,yours faithfully, A.Arokiasamy

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Tax benefits on selling home