CAPITAL GAIN

This query is : Resolved 

29 June 2017 I received compensation from govt for compulsory acquisition by land for IIM-U . and tax hase been deducted. it is taxable or not in my hand please reply

29 June 2017 it is taxable. You work out the capital gain as per section 45 and 48 and pay the tax accordingly


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Follow us


Answer Query