Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2014
we have purchased land cost 5 lacs in the fy 13-14, where guide line value of land is 6 lakhs, whether we liable to income tax on difference amt of 1 lac u/s. 56
if yes, any remedy to avoid to pay tax
if yes, any remedy to avoid to pay tax
17 July 2014
yes you r taxable for rs 6 lac
no opetion is available to avoid tax on this income
no opetion is available to avoid tax on this income
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