Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2014
1) INDIVIDUAL - WOMEN
2) AGE- 70 YEARS
3) COST OF LAND - RS. 5480/= ( AS PURCHASED ON 11/07/1980)(PURCHASED BY HERSELF)
> LAND IS AGRICULTURAL LAN
> NO HOUSE BUILDING ON LAN
> LAND IS IN RURAL AREA i.e. IN GRAM PANCHAYAT AREA
4) SALE ON 09/12/13
5) MARKET VALUE AS PER (AS PER WEST BENGAL PUVI RULES OF 2001) RS.1950000/=
6) SALE PRICE AS RECEIVED BY SELLER - RS.1950000/=
7) STAMP DUTY PAID ON RS.1950000/=
8) NO OTHER INCOME
9)80C OR 80 D- NIL
10) AGE 65 YEARS
11) NEVER REQUIRED TO FILE ITE TILL F.Y.13-14, AND SHE DID NOT FILED ITR TILL NOW ANY PREVIOUS YEARS, SHEE DID NOT FILED ITR FOR F.Y.13-14 TILL NOW
12) THE SALE PRICE OF RS.1950000/= IS UNUTILISED TILL NOW.
VERY URGENT PLEASE, 9434883466
emailid20@rediffmail.com
2) AGE- 70 YEARS
3) COST OF LAND - RS. 5480/= ( AS PURCHASED ON 11/07/1980)(PURCHASED BY HERSELF)
> LAND IS AGRICULTURAL LAN
> NO HOUSE BUILDING ON LAN
> LAND IS IN RURAL AREA i.e. IN GRAM PANCHAYAT AREA
4) SALE ON 09/12/13
5) MARKET VALUE AS PER (AS PER WEST BENGAL PUVI RULES OF 2001) RS.1950000/=
6) SALE PRICE AS RECEIVED BY SELLER - RS.1950000/=
7) STAMP DUTY PAID ON RS.1950000/=
8) NO OTHER INCOME
9)80C OR 80 D- NIL
10) AGE 65 YEARS
11) NEVER REQUIRED TO FILE ITE TILL F.Y.13-14, AND SHE DID NOT FILED ITR TILL NOW ANY PREVIOUS YEARS, SHEE DID NOT FILED ITR FOR F.Y.13-14 TILL NOW
12) THE SALE PRICE OF RS.1950000/= IS UNUTILISED TILL NOW.
VERY URGENT PLEASE, 9434883466
emailid20@rediffmail.com
27 October 2014
Sale of agricultural land in rural area is exempted from capital gains tax.
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