LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

capital gain

shailendra Singh (shailu) (34 Points)

05 September 2019

is the amount received fro. sale of lease house is taxable as a capital gain

Reply
Follow
Share

3 Replies

Kapadia Pravin (17249 Points)
Replied 05 September 2019

Who is lessor ? is it Government authority.
Are you house holder originally or you acquired from somebody ?
Please specify above for appropriate reply

shailendra Singh (shailu) (34 Points)
Replied 05 September 2019

patte ka ghar hai, jo ki BPL wale ko diya jaata tha

1 Like

Kapadia Pravin (17249 Points)
Replied 05 September 2019

How is the transfer taking place ?
By agreement or by name change in parts register on payment of fees.

whatever it is, if you receive amount from the buyer then it will be towards your rights and it's considered for capital gain.

1 Like