Long term capital gain
This query is : Open
17 December 2012
What will be the Net Income & the Tax Amountif Sale of Land (not Agricuture):-
Full Value Consideration on 01/12/12 is Rs.800000/-
Cost of Acquisition Rs. 400000/-
In Schedule CG - C Date LTCG Provision and LTCG No Provision what figure and in which Date we will mention which figure if there is no any Investment and kept in Bank FD.
Full Value Consideration on 01/12/12 is Rs.800000/-
Cost of Acquisition Rs. 400000/-
In Schedule CG - C Date LTCG Provision and LTCG No Provision what figure and in which Date we will mention which figure if there is no any Investment and kept in Bank FD.
22 December 2012
The Date of Acquisition is required as the benefit of indexation is available.
Further, also provide the details of the investment viz., amt. date, where the investment of the sale proceeds have been made to determine the Deduction/ Exemption under different sections available?
Further, also provide the details of the investment viz., amt. date, where the investment of the sale proceeds have been made to determine the Deduction/ Exemption under different sections available?
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- F & O PROFIT REPORTING FOR AY 2026-27
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
