Scetion 10(37)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 September 2018
10(37) exemption available only if the certian conditions specified in the section are fulfilled out of them one of the condition is that: consideration / compensation for transfer of urban agriculture land is received by assessee.
What if it is received by a person other than assessee I,e legal heir then captial gain exemption is available or not
10(37) exemption available only if the certian conditions specified in the section are fulfilled out of them one of the condition is that: consideration / compensation for transfer of urban agriculture land is received by assessee.
What if it is received by a person other than assessee I,e legal heir then captial gain exemption is available or not
10 September 2018
Yes exemption is available to legal heir.
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
- Closing sole proprietorship CA firm
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
