Ltcg on sale of urban non agriculture plot

Piyush Sancheti (HEAD TAXATION CHEMICAL MFG CO)   (307 Points)

02 December 2015  

Hii all,

if one individual sold one NA plot of land within muncipal corporation limit for Rs.say 1Crore. which was alloted to him by heritage from his grand parents.

and if that individual is founder director of one company, in which he would like to introduce that money as unsecured loanthen what will be the taxability.


or otheriwse any other better tax plannings are available to him..