Short term capital gain
This query is : Resolved
imran dafedar
(Querist)
29 June 2015
RESPECTED SIR, MY CLIENT HAS SOLD RESIDESIAL HOUSE , WHICH IS PURCHASED LAST YEAR. SO GAIN ARISING ON THAT IS SHORT TERM CAP GAIN, ie(900000). PLEASE I WANT TO KNOW THAT, IS THERE ANY TAX PLANNING FOR THIS RS 900000/- LIKE LONG TERM CAP GAIN. PLEASE HELP ME SIR.
CA. Sunil Gokhale
(Expert)
29 June 2015
No planning possible. It will be taxable as per slabs.
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