Capital gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2013
A piece of land purchased in december 1989 for rs 70000 sold for rs 100 lacs during July, 2013.the property is jointly owned by husband and wife. What will be the capital gains tax for each person? They do not have any other taxable income. What will be the amount required to be invested in REC bonds?
15 July 2013
you need to mention the month of purchase in order to know the indexation to be applied.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2013
month of purchase december,1989
19 April 2017
Very Old Query need to be closed now
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
