Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2012
IMMOVABLE PROPERTY AUCTION UNDER SARFAESI
WHAT SHALL BE POSITION OF CAPITAL GAIN UNDER INCOME TAX ACT
WHAT SHALL BE POSITION OF CAPITAL GAIN UNDER INCOME TAX ACT
21 July 2012
Consideration Received less Expenses charged by the authorities on this account will be treated as Net Consideration.
.
By keeping in view whether the asset is depreciable asset and if so, any other asset in the block, Capital Gains are to be computed.
.
This is a case different from compulsory acquisition.
.
.
By keeping in view whether the asset is depreciable asset and if so, any other asset in the block, Capital Gains are to be computed.
.
This is a case different from compulsory acquisition.
.
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