Capital gain vs income from other sources
This query is : Resolved
guru lakshmi
(Querist)
23 November 2014
X sold capital asset to Y, for less consideration than SDV.
what is tax treatment on both?
Nikhil Kaushik
(Expert)
23 November 2014
the difference between the consideration and SDV is added to the capital gains for the seller and to income of other sources for buyer
Nikhil Kaushik
(Expert)
23 November 2014
the difference between the consideration and SDV is added to the capital gains for the seller and to income of other sources for buyer
Nikhil Kaushik
(Expert)
23 November 2014
the difference between the consideration and SDV is added to the capital gains for the seller and to income of other sources for buyer
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