As per Engineers calcualtion LTCG be 32-25 lakhs, .......... but as per our students it is just 1.1 lakhs............ calculation follows..........
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(163079 Points)
Replied 18 August 2017
As per Engineers calcualtion LTCG be 32-25 lakhs, .......... but as per our students it is just 1.1 lakhs............ calculation follows..........
Dhruv Shah
(Article Student)
(357 Points)
Replied 18 August 2017
sunil reddy
(CA articleship)
(44 Points)
Replied 18 August 2017
RAMESH D MODI
(Proprietor)
(4864 Points)
Replied 18 August 2017
RAMESH D MODI
(Proprietor)
(4864 Points)
Replied 18 August 2017
sashi nair
(business)
(44 Points)
Replied 19 August 2017
As per the query.. it is not even sold !!! He only wants to sell it !! Further the budget for 2017-18 has lowered the holding period for gains to qualify as long-term in the case of house property to two years from three years
krishna
(IT engineer)
(13 Points)
Replied 19 August 2017
LTCG tax from earlier land sale (~25 lakhs) was not paid as i claimed under 54F. Since it was utilized to buy the apartment, wouldn't the base rate for capital gain be buy price of first land (78,000/-)