12 October 2013
Sir,
one of our client has sold his property which he acquired almost 2 years back.Now I want to know what are the best options to be given so the tax liability is restricted to minimum ?
please help me out
It was a residental property and the building was getting built up and he had acquired when the construction had started.Now the building is on its completion stage
12 October 2013
Asset {other than shares and securities} sold within 3 years from the date of acquisition will be treated as short term capital gain, No exemption will be allowed under any section...
CAclubindia
