capital gains tax for senior citizens
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2011
Sir,
My mother is a senior citizen & she sold a plot for Rs-15 lakhs,purchased in 1983 for Rs-3000/,will she have to pay capital gains tax.She has no income & is 78 years old.Pl advise.
My mother is a senior citizen & she sold a plot for Rs-15 lakhs,purchased in 1983 for Rs-3000/,will she have to pay capital gains tax.She has no income & is 78 years old.Pl advise.
22 June 2011
Yes she will have to pay long term capital gain. Indexation benefit will be available to her.
23 June 2011
Income Ka "Umra" ( Age ) Se Koi Lena Dena Nahi Hai.
.
Yadi Income Hai, To Tax Dena Padega.
.
.
Yadi Income Hai, To Tax Dena Padega.
.
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
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
