Tax exemption on LTCG after selling house allowed even if the new property is bought on loan

This article is limited to the tax implications of long-term capital gains, or LTCG, because short-term capital gains (STCG) on a house property are fully taxable at the applicable tax slabs. The only exemption taxpayers can get is if their income is below the taxable income threshold of ₹2.5 lakh ( ₹3 lakh in the case of senior citizens)

from mint - Money https://ift.tt/hl6BjDH
https://ift.tt/KLX8R0h