Investment
This query is : Resolved
04 August 2012
A client of mine want to sale an immovable property of his and thus want to know how invest its sale proceeds effectively as per income tax act.
CA PARAS BAFNA
(Expert)
04 August 2012
@CA Mani,
You must be knowing that immovable property includes -both residential and Non Residential.
.
If he wants to sale Residential Property Refer Section 54 otherwise refer Section 54F.
You must be knowing that immovable property includes -both residential and Non Residential.
.
If he wants to sale Residential Property Refer Section 54 otherwise refer Section 54F.
CA BHARATH KUMAR
(Expert)
04 August 2012
i agree with CA Paras Bafna Sir
CA BHARATH KUMAR
(Expert)
04 August 2012
i agree with CA Paras Bafna Sir
SANYAM ARORA
(Expert)
04 August 2012
Agree with the reply
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
