Tax implications on landlord or tenant
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(Querist)
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
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
Dhirajlal Rambhia
(Expert)
01 October 2024
No tax liability over landlord, only tenant has to pay Long term capital gains tax.
Message likes :
1 times
Dhirajlal Rambhia
(Expert)
11 October 2024
Good luck ....
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Under marginal scheme
- TDS on Fixed Assets purchased
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Capitalgain tax purposes for valuation report compulsory
- Oct 2025 Invoices
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
