Investment u/s ec
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2018
Sir/Madam
I have deposited my long term capital gain form sale of land & building in specified account for constriction of house. But after 2 years I realized that it is not possible to construct a house. Now my question is after end of 3 years can I put the amount in Rural Electrification Corporation and the National Highways Authority of India. for 5 years as my gain is less than 50 lakh.
I have deposited my long term capital gain form sale of land & building in specified account for constriction of house. But after 2 years I realized that it is not possible to construct a house. Now my question is after end of 3 years can I put the amount in Rural Electrification Corporation and the National Highways Authority of India. for 5 years as my gain is less than 50 lakh.
17 July 2018
Such deposits should be made within 6 months from the sale of assets. Now you have to pay capital gains tax.
Message likes :
1 times
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
- Credit rating model
- 115-BAC-for AOP-private discretionary trust
- Youtube income
- Insurance make against any item and later get insurance claim received
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- TCS Return Without PAN
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- If Material shift from dry port local egm details not refleting on ICE gate portal
- Requirement of Form 15CA CB - Rent payment
- E-Invoice applicability related question
- INCOME TAX QUERY FY25-26()\
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- APPLICABILITY OF RCM ON MAN POWER SUPPLY BY UN REGISTERED PERSON TO REGISTERED PERSON.
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- 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
