Income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 November 2015
IF ASSESSE PURCHASED LAND IN 93-94 AND STARTS THE CONSTUTUION ON THIS BUT HOUSE COMPLETED AFTER 2 YEARS IN 96-97 SO,WE CALCULATE THE CAPITAL GAIN FOR LAND AND BULDING SEPRATLY AND WHICH PRVIOUS YEAR WILL TAKE FOR CALCULATION OF CAPITAL GAINS
13 November 2015
LTCG to be calculated separately. Year of acquisition for land is 1993-94 and for building is 1996-97.
Inference - CIT Vs. C.R.Subramanian [2000] 242 ITR 342 [Kar].
Inference - CIT Vs. C.R.Subramanian [2000] 242 ITR 342 [Kar].
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Transporter Declaration form
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Copyright software
- Value of property in capital gain
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- 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
