ICICI

How to show that property (land) has been kept for trade


Zaheer Boovaji (Others)     03 February 2015

Zaheer Boovaji
Others 
 37 points

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Hi, I have heard that the Property(land) i have will invite for capital gains tax if i sell it, also i have heard that if i show the land as it is with the Intention for Stock in trade the Capital Gains Tax will not be applicable so i wanted to know how to show that my property(land) i have kept as stock in trade

Please Help me with this..




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