Your Taxes
I purchased a plot in 2010 jointly with my elder brother at a cost of about ₹7 lakh. Now we jointly sold that plot for approximately ₹15 lakh in March 2017. I had bought another plot for ₹20 lakh in June 2016 by taking a plot loan of ₹13 lakh from an NBFC. I used my share (₹7.5 lakh) of the plot sold in March 2017 to repay part of this loan account. How much long-term capital gains tax will I hav...
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