STGC or LTCG

Q & A ForumCategory: Real EstateSTGC or LTCG
adityagupta25 asked 9 years ago
Dear Sir,             I had booked a flat in Apr-2011 in 45 Lacs in CLP ,upto March-13 i paid 30 % from my savings and in March-2013 i took a home loan and paid installments to builder as per CLP. Before registry  Circle rates are revised and my registry was done @ 65 Lacs. Approx 3.5 Lacs  I paid as stamp duty and other expenses in registry. Now i want to sell my Flat, if i sold it @ 72 Lacs , then what will be my tax liabilities, is it considered as Short term capital gain or Long term Capital gain as i start paying to builder in Apr-11. 
1 Answers
Sreekanth Staff answered 9 years ago
Hi, When was the Registration done?   Suggested Readings : https://www.relakhs.com/how-to-save-capital-gains-tax-on-sale-of-land-house-property/ https://www.relakhs.com/under-construction-house-how-to-claim-tax-deduction-on-home-loan-interest-payments/
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