Tax planning
This query is : Resolved
05 December 2015
I HAVE A SOLE PROPRIETOR BUSINESS WHICH HAS LOSS OF 60 LACS. I WANT TO SELL MY PERONAL LAND WHICH ATTRACT CAPITAL GAIN TAX ON Rs.70 LACS. I WANT TO UTILISE THE SALE PROCEEDS IN MY BUSINESS IN SUCH A WAY THAT I HAVE NOT TO PAY CAPITAL GAIN TAX.. SO PLEASE SUGGEST ME FRIENDS.
05 December 2015
Pay capital gain tax and utilize the balance amount in business no way other than this.
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