Capital gain


This query is : Resolved 

02 February 2013 if i sale a land , Rs about 1 cores,
what provisions should implementing upon me under Income Tax (Under Capital Gain)

02 February 2013 Provisions of Capital Gains which may be taken into consideration include Section 45, 48, 49, 50C and 54F.

There are many questions which are to be replied by you.
1. Cost and Date of Acquisition
2. Source of funds utilised
3. Nature of land
4. Date of sale
5. No of Residential Houses owned by you.
.



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