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capital gain

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(Querist)
22 September 2009 PLZ tell capital gain treatment of sale of l&b?
should both land on which building is constructed and super structure be treated separatly for this purpose
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
22 September 2009 both should be considered seperately
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
23 September 2009 Split up is possible.

Citation : - CIT Vs Dr.D.L Ramachandra Rao (1999) 236 ITR 51(Mad).
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