Capital gain

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2013
Dear Sir
my grandfather had purchsed plot alonwith tenants in1974 for Rs 200000lacs
he paid for maintaninng plot ,security /letigation court decree and vacated total plot with tenants cost amounting to Rs15 cr he sold plot in 2008 but recived last payment in 2012 july for Rs34 cr shall capital gain wilbe applicable if yes when and calucilation please or will it be business income

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 December 2013 capital gain shall be payable in the year of transfer.

Querist : Anonymous

Querist : Anonymous (Querist)

10 December 2013 agianst this property i hv purchsed multiplie proprty will i get deduction on all proprty value or one

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