Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 September 2015
Residential plot alloted from Govt. Authority on installment basis in Oct 2000 and the last installment submit in June 2003 (Total Amount Rs.300000). and the same plot sale on Sep 2005(Total Amount Rs.1100000)
And purchase another plot in the same month
of Rs.200000 and construct it in the next year.
Is the short term/long term capital gain apply on this.
If short term gain apply then please find the way so that short term gian will not apply.
And purchase another plot in the same month
of Rs.200000 and construct it in the next year.
Is the short term/long term capital gain apply on this.
If short term gain apply then please find the way so that short term gian will not apply.
CA SANKAR 9585590515
(Expert)
10 September 2015
of course . Tell me the application of 11 lakshs
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