Capital gain tax or profit and gains of business
This query is : Resolved
19 March 2015
hi, professionals
i have GPA holder, i made sale deed to other persons for receiving sale consideration for sale of plots as per sq yards.
is there capital gain to me or business and profession?
plz i am confusing
i have GPA holder, i made sale deed to other persons for receiving sale consideration for sale of plots as per sq yards.
is there capital gain to me or business and profession?
plz i am confusing
19 March 2015
firstly it is not capital gain or business income of urs...
secondly wat doe that other person do as profession or business?
secondly wat doe that other person do as profession or business?
19 March 2015
thx sir,
other persons are individuals(resident plots),
sir i have taken notice from it department u have sale consideration received less than the market value.
why sir it not a capital gain briefly
other persons are individuals(resident plots),
sir i have taken notice from it department u have sale consideration received less than the market value.
why sir it not a capital gain briefly
19 March 2015
whether it is capital gain or business income depends on wat that other person do as business or profession? mention the same
19 March 2015
you are holding gpa im asking wat are those eprson profession or business who gave u gpa/
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