banner_ad

Tendency right taxation

154 views 4 replies
what is taxability of tendency right amt reced and what is cost of acquisition
Replies (4)

"Amount received on surrender of tenancy rights is liable to capital gains tax under Section 45 of the Income tax Act, 1961" ..... Honorable Supreme Court...

When there is no cost of acquisition, consider it as ZERO.

Tenant paid rent 250 p m then what is cost of acquisition

Rent paid by tenant was for the stay in the property. It did not create any right in the property. COA remains zero.

K Thnx


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details