Easy Office
LCI Learning

Capital Gains

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 May 2011 Site sold during Feb 2011
Selling price Rs. 1 Cr.
Rs. 50 lacks invested in REC during Mar 2011
Rs. 50 lack invested in NHA during Apr 2011

Whether to declare the Income and investment for the FY 2010-11 or should be postponed to next FY?
Profile Image

CA MANOJ GUPTA

Profile Image

CA MANOJ GUPTA (Expert)
27 May 2011 THE CAP GAIN WILL ACCRUE IN 10-11
U CAN CLAIM FULL EXEMPTION

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links