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Land sold for 243x its original value - What's my LTCG and tax liability?

T S Khurana

T S Khurana   |487 Answers  |Ask -

Tax Expert - Answered on Feb 19, 2025

A certified management accountant since 1993, T S Khurana is a fellow member of The Institute of Cost Accountants of India. His areas of expertise are income tax, specifically litigation cases, and GST.

Since the last 21 years, he has also been providing expert advice on financial matters, including investments and diversification of funds, and wealth building in the long term to his clients.
He believes that investment in real estate is the safest way for better returns and wealth generation over a period of time.

A former chairman of the Chandigarh Chapter of Institute of Cost Accountants of India, T S Khurana has also served as member of its technical committee.... more
Asked by Anonymous - Feb 18, 2025Hindi
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I got ancestral property registered in 2000 with a document value of rupees 5000.00. In 2025 , this land property is sold with document value for rupees 12,15,000.00. What will be Long time capital gain and LTCG tax. What amount I should invest in 54CE bonds for exemption of LTCG tax. Thanks

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Most welcome for any further clarifications. Thanks.
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Hello sir I got integrated Msc in physics in VIT and Amritha and when I ask to the seniors about it they told me that in vit this course has introduced in 2021 and no batch has passed out so they dont know about the placement and she told that there is some problem with syllabus if you have any other options open then follow it and in amritha this coursemintroduced many year ago and batches are passed out and in their site I found that the students some are placed in banks,infosys etc and also there is opportunity to go abroad for Msc from amritha.Also I am planning to write IIT jam and go anywhere top like that so sir I am very much confused of choosing these both and finally I end up with amritha.Is there any fault in my decision and if I do not get in any IIT do I get opportunity for campus placement
Ans: Sreelakshmi, In 2021, VIT introduced its five-year Integrated M.Sc. in Physics, but no batch has graduated yet, so placement readiness remains untested and uncertain. Seniors have also cited concerns over syllabus alignment gaps. At Amrita Vishwa Vidyapeetham, the five-year Integrated M.Sc. in Physics has a three-year placement rate of approximately 60 – 70 percent, with recruiters including Infosys, Bank of Baroda and other public sector banks. Amrita achieved an overall placement rate exceeding 100 percent in 2024, with 354 offers from 115 recruiters and paid internships at Microsoft and Google that often lead to full-time roles. The program offers MSc projects at IISc, IITs and international exchange opportunities at universities such as Colorado State University. The curriculum includes dedicated research mentorship, a freed-final semester for internships and thesis, and GATE/NET exam guidance. If IIT JAM admission is not secured, Amrita’s placement cell conducts regular campus recruitment drives for M.Sc. Physics graduates, ensuring continued industry entry pathways.

The recommendation is to enrol at Amrita, whose established M.Sc. Physics program delivers robust placement outcomes, paid internships, international research exposure, a structured curriculum with thesis and exam guidance, and guaranteed campus recruitment even if IIT JAM admission is not achieved, providing a safer and more comprehensive pathway for long-term growth. All the BEST for your Prosperous Future!

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