Capital Gain treatment for a society
Cost of capital asset is 5,00,000/- and sold for 10,00,000/-
Invested that 8,00,000/- in other capital asset out of that 10,00,000/-. Then what will be the treatment for Remaining 2,00,000/- ???
Thanking u
Capital Gain treatment for a society
Cost of capital asset is 5,00,000/- and sold for 10,00,000/-
Invested that 8,00,000/- in other capital asset out of that 10,00,000/-. Then what will be the treatment for Remaining 2,00,000/- ???
Thanking u
NAgraj...U HAD NOT MENTIONED THAT ASSETS SO SOLD WAS LTCA/STCA.....AND THE TYPE OF ASSET SO SOLD BY THE SOCIETY
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