Long term capital gain on sale of property by pvt. ltd. co
This query is : Resolved
02 January 2015
a private limited company has sold one of its property.
Long term capital gains is taxable at 20 % or 30 % to the private limited company ?
is any exemption available to private limited company by making any investments ?
please help
thanks
Long term capital gains is taxable at 20 % or 30 % to the private limited company ?
is any exemption available to private limited company by making any investments ?
please help
thanks
Aditya Maheshwari
(Expert)
02 January 2015
20% for LTCG in case of property sold is a long term asset. exemption u/s 54EC is only eleigible upto Rs. 50 lakhs for investment in bonds.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- EPF ECR NEW FILE SEP 17TH 2026
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- TAX AUDIT ON PROFESSIONAL INCOME
- Oct 2025 Invoices
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Capitalgain tax purposes for valuation report compulsory
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Unable to File TDS Q2 Return – New TRACES Portal Error
- 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
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
