27 May 2015
If proprieter is selling his business to new pvt concern and he is himself one of director as per capital gain sec 47 (xiv) he is not complying condition and getting only 25% share in new pvt concern
then in this situation how to calculate capital gain
27 May 2015
simple, calculate the net costs of assets transferred. the difference between this cost and the value at which they have been transferred will be capital gain/loss
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 May 2015
If person has received consideration 2.30 crores (including goodwill) and Fixed assets value is 1 lacs .
not having detail regarding transfer value of assets