Matter of agriculture tax


This query is : Resolved 

Profile Image

Guest

Profile Image

Guest (Querist)
06 November 2012 good evening to all experts,
supoose any1 person sold his land rupees 89lakh and sir party make payment as demand draft in his account. Than sir will he pay any tax in this amount.which itr form he will fill itr2

06 November 2012 You need to compute the capital gain tax, if any. Then you may fill and file itr2 depending upon the clase/s of income you are having.

Profile Image

Guest

Profile Image

Guest (Querist)
06 November 2012 HOW CAN I COMPUTE SIR CAN U GIVE ANY EXAMPLE

06 November 2012 Give the year of purchase, cost of acquisition etc. If it is older than 1/4/1981, give the govt approved value as on 1/4/1981... so I can compute the same for you. Also sheck whether the agricultural land is a capital asset or not.

Profile Image

Guest

Profile Image

Guest (Querist)
06 November 2012 SIR CAN YOU TELL ME FORMULA OF COMPUTE CAPITAL GAIN

06 November 2012 Surely, please pass on your e mail id so that I can send the excel. Please give me some time before I send the excel. Capital Gain = Sale value less expenses in connection with transfer - indexed cost of acquisition.

Profile Image

Guest

Profile Image

Guest (Querist)
06 November 2012 thanks sir
khulbe.rajeev50@gmail.com i will wait your reply sir
tax rate of capitan gain


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
ARTICLESHIP 14 November 2026
Articleship Assistant

B Thejas and Associates

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details