Dtc-long term capital gains on sale of residential property
This query is : Resolved
25 August 2011
PLEASE INFORM WHETHER THERE IS ANY CHANGE IN TREATMENT OF LONG TERM CAPITAL GAINS ON SALE OF RESIDENTIAL PROPERTY AS PER NEW DIRECT TAX CODE EFFECTIVE FY 2012.
IS IT BENIFICAL TO THE TAX PAYER OR THE EXISTING TREATMENT OF TAX IS BETTER.
IS IT BENIFICAL TO THE TAX PAYER OR THE EXISTING TREATMENT OF TAX IS BETTER.
CA. Anoop Gadia
(Expert)
25 August 2011
capital gain treatment same in DTC
26 August 2011
Do not bother the DTC is yet to come so think from the existing laws as there is no change in Capital Gain Tax even in DTC
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