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
CAclubindia
