i am working in propertiership firm, we purchased a land in 2008-09 in the name of propritor but in book as fixed assets
now we have sold the same in 2011-12,sold amt deposited in propertor a\c, in the same time we have purchased a new perperty in the of propertor ,
pls help is made capital gain tax
No capital gains as you have purchased new asset as prescribed within one year
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
