Ltcg
This query is : Resolved
26 June 2014
SIR
I HAVE RECEIVED RS 10 LACS LGTG GAIN ON SALE OF MY RESINDIAL PLOT ON 20 TH JUNE 2014.AFTER INDEXTION .SO TAX COMES @ 20% RS 2 LACS. I WANT TO KNOW IS THER ANY OTHER OPTION TO SAVE LTCG AS I AM NOT INTRESTED TO BY OTHER PROPERTY DUE TO MY 66 YEARS OF AGE.PLEASE ADVICE OTHER OPTION AVAILABLE
I HAVE RECEIVED RS 10 LACS LGTG GAIN ON SALE OF MY RESINDIAL PLOT ON 20 TH JUNE 2014.AFTER INDEXTION .SO TAX COMES @ 20% RS 2 LACS. I WANT TO KNOW IS THER ANY OTHER OPTION TO SAVE LTCG AS I AM NOT INTRESTED TO BY OTHER PROPERTY DUE TO MY 66 YEARS OF AGE.PLEASE ADVICE OTHER OPTION AVAILABLE
26 June 2014
you will have to invest be it property or tax saving bonds...
26 June 2014
you not buy property then you can buy bonds u/ 54EC. otherwise you have to pay tax.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
