Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 September 2012
HELP ME IN THIS ...
IF AN ASSES SEE ACQUIRED AN CAPITAL ASSET ON PARTITION AND SOLD THAT PROPERTY WITH IN ONE YEAR .... IS IT SHORT TERM OR LONG TERM CAPITAL GAIN
IF AN ASSES SEE ACQUIRED AN CAPITAL ASSET ON PARTITION AND SOLD THAT PROPERTY WITH IN ONE YEAR .... IS IT SHORT TERM OR LONG TERM CAPITAL GAIN
01 September 2012
Please consider the period of holding including that of the previous owner and if it is more than 36 months it is LT. Refer section 2(42A) explanation 1(i) (b) and section 49(1)(i) of the IT Act,1961.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Suggestions required for income tax filing-software (FY 2025-26)
- STCG FOR GOLD ETFs
- E way bill for tractors
- LTCG for Assmt year 26-27
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
