Capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 August 2013 I have a house in surat. i want to sell. buyer is took a loan from bank. so bank give me a cheque of rs. 10,00,000. weather i should accept the cheque??
i'm farmer then i have to pay capital gain on house??
how can i save c.g.??

14 August 2013 1. Yes you have to accept the cheque.

2. You can save capital gain tax by investing in a residential house property.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query