Capital Gains Tax on Surrender of Tenancy Rights
This query is : Resolved
09 January 2011
Dear Experts, I would like to know the tax implication on surrender of tenancy rights of a commercial property. I also want to know whther i can get benefit of cost of acquisition and indexation thereon. Further i am purchasing a commercial property in place of the sold property, so can i get exemption u/s 54??
pls reply soon..
regards
apurva
pls reply soon..
regards
apurva
09 January 2011
Pl read the article in https://www.accommodationtimes.com/legal/rent-act/non-%E2%80%93-taxability-of-surrender-of-tenancy-rights/
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