Capital gain
This query is : Resolved
16 August 2012
My client has sale short term capital property, and client is a pvt ltd company, capital gain is more than 50 lacs and no exemption available u/s 54ec,and 54d,and property is flat, (building), capital gain arise due to stamp duty valuation. stamp duty valuation is 30 lac's more than agreement value. so,please suggest me any other available option
16 August 2012
If can explain the nature of capital asset it will help us to guide you.
16 August 2012
As you have just mentioned as Short term capital asset, it will be difficult to you advice.
As each exemption section is subject to various condition to be complied.
As each exemption section is subject to various condition to be complied.
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18 August 2012
But my client is not eligible to take exemption under any section of 54 so please suggest me any other available option
Dhirajlal Rambhia
(Expert)
27 July 2023
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