capital gain
This query is : Resolved
18 May 2011
A land has been sold by Rs.3400000 in cash.This land is an ancestral . power of attorney has been taken from brothers..
and further being sold.
now the point is that ... capital gain arising from such sale of land... is chargeable in hand of seller... or brothers are going to come under taxability....
and further being sold.
now the point is that ... capital gain arising from such sale of land... is chargeable in hand of seller... or brothers are going to come under taxability....
18 May 2011
Power of Attorney may not necessarily be the owners of the capital asset.
Owners are liable for Capital Gains Tax.
Owners are liable for Capital Gains Tax.
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