how much percent of profit we have to pay in tax ?



I have heard that we have to pay tax if we sell a property before 3 yrs time from the profit,if we buy a new property then also we have to pay certain percentage of profit,plz tell if its true how much percent of profit we have to pay in both cases and before and after 3 yrs time???

how much percent of profit we have to pay in tax ?
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One Reply to “how much percent of profit we have to pay in tax ?”

  1. If you sell a property and
    1.Buy a ready made house within 2 years or
    2.Construct a new house on the land purchased,within 3 years,
    then no tax payable.
    Otherwise 20% tax on the profit,has to be paid by the end of the accounting year.





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