procedure to avail 80IB deductioan
This query is : Resolved
26 February 2008
we have housing construction co., one part of which devlopment is elegible for deduction u/s 80IB ( permisson of development has been taken b4 31st march 2007,
now problem is that the one part of that land is belonging to other person, if we will buy it then we hv to pay stamp duty on purchase and sellor is liable to pay Capital gain tax,
is there any possibility by which we should neither pay whole stamp duty nor pay capital gain tax?
if any procedure have please explain me its detail procedure, and how should we do accounting in book to claim 80IB deduction
now problem is that the one part of that land is belonging to other person, if we will buy it then we hv to pay stamp duty on purchase and sellor is liable to pay Capital gain tax,
is there any possibility by which we should neither pay whole stamp duty nor pay capital gain tax?
if any procedure have please explain me its detail procedure, and how should we do accounting in book to claim 80IB deduction
22 December 2013
Older to be removed
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
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Suggestions required for income tax filing-software (FY 2025-26)
- STCG FOR GOLD ETFs
- E way bill for tractors
- LTCG for Assmt year 26-27
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
