banner_ad

Regarding capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 July 2009 i have a land comming from forefather times. Now i sold that land and distributed 50% to one more brother and each had given 20% to mother. Will the income will calculate under capital gain?

can expert suggests me.

note: i need software of I/E or P/L & balance sheet can anyone help me in this issue.
Profile Image

Vipul J. Bhavsar

Profile Image

Vipul J. Bhavsar (Expert)
02 July 2009 Both the Brothers should calculate Capital Gain/Loss, if any.Indexation will be provided from the date on which you got the property rights.
Mother will not be charged a anything, treating it as gift from son's
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
01 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details