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    Himank Singla

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    SBHS & Associates

    is a Partner with SBHS & Associates

    LTCG on immovable properties: How non-indexed gains can push up your total income, trigger surcharge

    BUSINESS

    LTCG on immovable properties: How non-indexed gains can push up your total income, trigger surcharge

    For many middle- and upper-middle-class taxpayers, a one-time sale of property can inflate their gross total and push them into higher surcharge brackets, despite having no actual capital gain (after inflation adjustment).

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