CCI Online Learning
50% OFF in CA/CS/CMA Subjects
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

capital Gain on sale of shop


harshal Upadhyay   24 July 2018

harshal Upadhyay

 2 likes  103 points

| My Other Post

Op wdv 4,48,772

sale value 9,14,000

new shop purchased for 28,54,340

is capital gain tax is applicable? or we can consider new shop value while calculating capital gain ?

can u please tell me section/provision?

avater

Dhirajlal Rambhia (KVO Merau Kutchh)     24 July 2018

Dhirajlal Rambhia
KVO Merau Kutchh 
 9237 likes  93390 points

View Profile | My Other Post

Is Shop value without land cost?

Capital gains liability arises over sale of old shop.

By purchase of new shop, no deduction availlable over the capital gains liability.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags
GST Live Class    |    x