Am i liable to pay tax on short term capital gain for the property purchased in 2010 and intending to sell it in couple of month. I would be against buying another property from that money. Please suggest. Thanks, Bijoy Pillai asked Apr 07 '11 at 12:53 by Bijoy 1●1●1 |
There is no exemption available for short term capital gains. answered Apr 11 '11 at 01:24 by Pankaj Batra 5.2k●3●20 |