Capital gains
This query is : Resolved
11 February 2014
Dear Sir\Madam
I am the owner of land
and the developers approached me and told that they are going to construct an apartment and they asked me to give the land and they will give me 2 flats in that apartment
in this case the ownership of the land was transferred from me to the developers
for computation of capital gains , what is the process and how much sale consideration i have to take??
I am the owner of land
and the developers approached me and told that they are going to construct an apartment and they asked me to give the land and they will give me 2 flats in that apartment
in this case the ownership of the land was transferred from me to the developers
for computation of capital gains , what is the process and how much sale consideration i have to take??
12 February 2014
the sales consideration for capital gain purpose shall be the stamp value of land or the value of 2 flats, whichever is higher...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
