Menu
Capital Gain
if an assessee has sold his house in 45 lac and he purchased a residential/agricultural land which value is 10100000 in same A.Y.then plz tell about capital gain raised or not?
Replies (1)
no exemption allowed on agricultural land. if you build a property on the land then you can get exemption under section 54
Recent Threads
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
