I'm planning to sell my land by converting it to layout and constructing building .
From sales price I'll buy another land convert to layout and building house n sell
Will it be a cg or business income for ITR filing
Kiran Dsouza (10 Points)
02 July 2025I'm planning to sell my land by converting it to layout and constructing building .
From sales price I'll buy another land convert to layout and building house n sell
Will it be a cg or business income for ITR filing
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195176 Points)
Replied 02 July 2025
If you continue such transactions, it will be business income.
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