Capital gain exemption solution
This query is : Resolved
prashant vekariya
(Querist)
21 December 2011
I have one industrial gala which was purshased by me on 25/08/2010 at cost of Rs. 569410. which was transferres by me on 16/09/2011 for Rs. 11,40,000
questions
1)I want best investment option under capital gain section or any other section, If any to reduce my tax liability to almost nil.
2)If I don't go for investment option then how much tax will be payable my me and how it will become taxable and at what rate(flat or slab rate) and tax working.
questions
1)I want best investment option under capital gain section or any other section, If any to reduce my tax liability to almost nil.
2)If I don't go for investment option then how much tax will be payable my me and how it will become taxable and at what rate(flat or slab rate) and tax working.
CA MANOJ GUPTA
(Expert)
21 December 2011
RS 570590 WILL B STCG TAXABLE IN UR HANDS
RATE OF TAX WILL DEPEND ON UR OTHER INCOME
NO INVESTMENT WILL BRING TAX RELIEF
CA MANOJ GUPTA
JODHPUR
09828510543
RATE OF TAX WILL DEPEND ON UR OTHER INCOME
NO INVESTMENT WILL BRING TAX RELIEF
CA MANOJ GUPTA
JODHPUR
09828510543
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