wheather capital gaim arise out off sale of land acquisition by hesitance after deat of father
CA Dnyaneshwar Gopale (CHARTERED ACCOUNTANT) (501 Points)
05 September 2016wheather capital gaim arise out off sale of land acquisition by hesitance after deat of father
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(162201 Points)
Replied 06 September 2016
Yes, Capital gains arises on inherited land, by way of its compulsory aquisition.
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