05 June 2014
D. Sir, one of my client sale a piece of Land on 13.03.14 for Rs. 5.00 Lakh and one more Land on 14.05.2014 Rs. 12.00 lakh and also purchase a building worth Rs. 20.00 lakh. my query is what is the tax treatment for Assessment Year 2014-15 and Assessment Year 2015-16