Sale of land


This query is : Resolved 

(Querist)
13 July 2015 IS there any Capital Gain exemption for sale of land by Company ?

CMA Gul S (Expert)
13 July 2015 Hi Jitendra -

you will get exemption for the capital index that you use for calculation of capital gain on the purchase amount

13 July 2015 https://www.caclubindia.com/forum/cg-exemption-u-s-54-54b-54d-54ec-54f-54g-54ga-table-46334.asp

jitendra (Querist)
14 July 2015 Is capital gain exemption on Agriculture Land available to company ?

jitendra (Querist)
14 July 2015 Company sale a land, held as a fixed asset after holding more than three years, how will be taxed in that case.


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