banner_ad

regarding tax planning

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 July 2011 dear sir

ek hamare client ne 1997 me ek industrial shade liya tha ab woh use bech raha hai 20 lac Rs me abhi us land ka indexation cost 5 lac ke approx me aa raha hai
kindly any body tell me uska tax planning kaise kare jisse use minm tax pay karna pade plz any body help me

23 July 2011 you can save tax upto Rs. 50 lakhs by investing in bonds of RICCI and NHAI within 6 months of transfer. and those bonds should be held by you for 3 years.
as per 54EC. ( its for all assesse and for any LONG term capital gain.)

you can also go for 54F (for individual and HUF for any Long term capital gain other than from residential property.)
in this you have to purhase or construct new residential property within stipulated time from the proceds of your gain.

will suggest you to go through both these sections thoroughly for deep understanding and all the conditions required to be fulfiled.

Hope it was useful.
thanks.


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

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

HiringBridge

Ahmedabad

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details