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Tax implications on landlord or tenant

This query is : Resolved 

30 September 2024 Sir,
A landlord owns land leased to another person ( tenant) from 2010 to 2030 leased period after tenant leased land construction building year 2015 and landlord leased land along with construction building sold to another person year 2024.if tenant leased period 6 years due
Question:
Above mentioned leased and sold transaction capital gains implications of landlord and tenant applicable

01 October 2024 No tax liability over landlord, only tenant has to pay Long term capital gains tax.



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