Capital gain

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 July 2014 dear sir
my client sale his property 6100000 in aug 2012 and allmoney deposit in saving bank account i can not under stand that the liabilites arise on capital gain or not
how can i judge that he sale agriculture land is a ruler area he have a sale aggrement that show the land is out of muncipal area

Querist : Anonymous

Querist : Anonymous (Querist)

07 July 2014 how can i show that land is in ruler area he are doing agriculture activite on hie land last 50 years and he sold it a trust

Rupesh Jain

Rupesh Jain (Expert)
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08 July 2014 your can make inquiry from area patwari office or local surpunch office. if it is agriculturee land then its exempt income for you.

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2014 dear sir
pleae send me the excal fomat of from 24 with annesure a & b with farmula u p vat

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