section 50c
This query is : Resolved
27 May 2009
sale consideration 400000
cost of acquisition 100000
stamp value 500000
amount invested 400000
how much amount is exempted (amount invested out of gain)?
cost of acquisition 100000
stamp value 500000
amount invested 400000
how much amount is exempted (amount invested out of gain)?
27 May 2009
Amount Rs. 4,00,000.00 is considered for exemption.
Do not confused with Section 50 C and provisions related to exemption of amount
Do not confused with Section 50 C and provisions related to exemption of amount
27 May 2009
Agree with the expert.
27 May 2009
But ultimately full value of consideration will be taken as 5 lacs only.
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
- Income tax return change regime form necessary or not?
- Sale of goods to the purchasing party
- Tax Audit Mandatory or Optional
- Resignation of auditor and appointment and cfss
- OLD REGIM AND NEW REGIM
- Machinery taking back from repair work shop
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- I have sent ITR to CPC and delivered in due date , but portal itr status not updated
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
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
