banner_ad

Want to know about tax treatment of building

This query is : Resolved 

28 January 2018 Sir,
I have building which is purchased on 1/4/2015 for 1,00,000. On 31/3/2017 whose WDV was 81,000 and on 1/4/2017 I sold that building for a) 70,000. b) 90,000 c) 1,20,000.
What is tax treatment in Each of the following cases either in CG and PGBP
(Note:- No benifit of any Index )

29 January 2018 considering it as only asset in the block-
a) 11000 STCL u/s 50
b) 9000 STCG
c) 19000 STCG
however the capital gains may be different in case stamp value is considered as per section 50C


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details