Short term capital gain query

Venkatesh L (Proprietor) (87 Points)

09 July 2017  

My Client Acquired Residencial Land by Gift from his son as on 16-11-2016. Purchase value is 0 (Zero) and sold the property as on 15-02-2017 for Rs 6300000  (STCG) and Invested the same amount in Capital Gains scheme as on 30-03-2017. What is the calculation of tax or any exempt u/s 54. Please solve this query

 

Venkatesh 

9394 283848