Capital gain
This query is : Resolved
CA Shivaraj Kumar
(Querist)
31 March 2015
Sir,
My client is Pvt ltd has purchased land on 07/11/2009 for Rs 487500 and sold on 22/11/2012 for Rs 800000 and also purchased another land for Rs 1918110 on 28/11/2012.
My Query is whether exemption can be claimed?? If Yes under which section?? Land is in urban..
My client is Pvt ltd has purchased land on 07/11/2009 for Rs 487500 and sold on 22/11/2012 for Rs 800000 and also purchased another land for Rs 1918110 on 28/11/2012.
My Query is whether exemption can be claimed?? If Yes under which section?? Land is in urban..
31 March 2015
such land is which type of land-urban rural or agriculture?
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