IF I sold Non Agriculture land ( situated in CITI AREA) in 150000000/- in Aug'24, and as per valuation report land value in 2001 is Rs. 60000000/- so how much capital gain tax I have to pay ? Also i want to know how much amount i have to deposit in capital gain tax bank account ?
Menu
CAPITAL GAIN TAX CALULATION
Replies (2)
Quick Summary
The query already replied earlier.
There is capital loss to be carried forward as per valuation report of 2001, and its indexed value as in 2024-25.
So, no capital gain liability and as such no need to deposit any amount in capital gain bank account.
Wrong calculatiìn
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
