banner_ad

tax rates on capital gains

This query is : Open 
Profile Image

Profile Image

(Querist)
06 June 2017 Will income tax on STCG on sale of non- agriculture land be calculated according to normal tax slab? And what about LTCG?
Profile Image

Guest

Profile Image

Guest (Expert)
06 June 2017 yes, in this case STC G is chargeable at slab rates. Had it been LTCG, tax rate would have been 20 %
Profile Image

vaibhav singhi

Profile Image

vaibhav singhi (Expert)
06 June 2017 Agreed but i would also suggest to look at section 54 exemptions
Profile Image

Ankit Aggarwal

Profile Image

Ankit Aggarwal (Querist)
07 July 2017 what will be the capital gains tax on sale of agricultural land? or sale of agricultural land is exempt?
Profile Image

vaibhav singhi

Profile Image

vaibhav singhi (Expert)
30 July 2017 if land is in rural area then exempt
Profile Image

vaibhav singhi

Profile Image

vaibhav singhi (Expert)
30 July 2017 if in urban then taxable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details