Sale of plot and it is long term
Is it taxable or exempt and what are the tax treatment???
Menu
long term capital gain sale on plot
Replies (1)
Taxable under capital gains; LT C gains calculated after indexation benefit..
Exemption u/s. 54F, 54EC etc. can be availed....
Tax rate 20% +cess.
Recent Topics :
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
Related Topics :
CAclubindia
