I HAVE PURCHASE 2 INDUSTRIAL SHED 15 YEARS AGO. AND SOLD IT IN THE YEAR 2017 AND 2018. AGAINST IT I HAVE PURCHASE NEW 2 INDUSTRIAL SHEDS IN 2018. WHETHER CAN I GET ANY CAPITAL GAIN BENEFIT FOR LONG TERM CAPITAL GAIN EXEMPTION OR NOT?
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more.
know more Â»
Whether any depreciation was claimed over the shed being sold?
Whether any other assets remaining in the same block of assets?
Whether the sheds were treated as investment?
Your are not logged in . Please login to post replies
Click here to Login / Register
view more »
Set Content Preference
Our Network Sites
Download CAclubindia App
Alternatively, you can log in using:
Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.