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ashish (owner)     20 February 2017

Eligibility for tax

Hai,

         A  Lady lives with her elder son in a house wich is in  prime location in the city

        its worth is approx 2 crore

       Her son is unemployed, and younger son is a delayed milestone{ Matimand }

       After selling this property they  will  have to purchse a new house

      The Property is on her Name

        it is ancestral property ,

        Her Age above 70

       Is This person  eligible for tax? wich tax and how much?

      



 1 Replies

shrenik (lawyer)     22 February 2017

No tax obligation if you buy another property in 2 years

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