Capital gain
Querist : Anonymous
I am an article and there is a client with the following details-
1.Purchased a residential Property for Rs. 17,00,000 in feb 2012- in the name of the wife
Sold the same for 33,00,000 in august 2015
2.purchased under construction house on feb 2015 i.e deed with the builder providing the possession in sept 2016 of 90,00,000 and 12,00,000 has been provided till march 2015 for the same- in the name of both (husband and wife) and also purchased the plot of land in august 2015 for 6,80,000(no plans of construction of any house)- in the name of the wife
wife do not have any other source of income.
suggest me how to calculate the gain to get the maximum benefit.
can i claim the benefit of 12,00,000 under section 54?
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Supply through E-commerce Operators
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Specified Profession
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- SALE BILL AGAINST GOODS RETURN
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
