Tax Treatment of Conversion of Stock (Immovable Property) in Capital Gain Head
This query is : Resolved
10 November 2022
Respected Sir
I am a trading in Real Estate ( Only Trading in Plot/Land) last financial year.
Sir I want to Know that how to Tax treatment in Business & Profession /capital Gain.
and what is Procedure of Conversion of stock in Capital Gain Schedule
I am a trading in Real Estate ( Only Trading in Plot/Land) last financial year.
Sir I want to Know that how to Tax treatment in Business & Profession /capital Gain.
and what is Procedure of Conversion of stock in Capital Gain Schedule
10 November 2022
If you have business set up for such trading business, the earnings can be declared as business income.
For any capital investment a declaration is required to be made with certification.
For any capital investment a declaration is required to be made with certification.
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
- Tax on Deemed Capital Gain
- TDS on property - Form 141 query
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- IT returns for fresh job holders
- Traces submitting correction statement error
- Gst on travel by air for business purposes
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
