Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 March 2014
Dear Sir,
One of our client got the long term capital gain against the sell of land, my query is whether he has the option or not for opting between 10% tax flat on capital gain and 20% tax at indexation cost.
Thanking You.
One of our client got the long term capital gain against the sell of land, my query is whether he has the option or not for opting between 10% tax flat on capital gain and 20% tax at indexation cost.
Thanking You.
03 March 2014
That option is not available for land. It is available for listed shares.
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