It assessee purchases of land value rs:1,50,000/- previous years in f.y .2016-2017. assessee this property (land) sales to Mr. B value rs:5,60,000/- dt:10-08-21 . if assessee same land purchases from Mr. B value rs:6,40,000/- dt:10-12-21.
Question:
1.Assessee land transactions purchases and sales same property show in procedure in books and it returns.
2.Capital gains tax applicable in it act.
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