Long term capital gain on sale of property by pvt. ltd. co

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Zubin (Querist)
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02 January 2015 a private limited company has sold one of its property.

Long term capital gains is taxable at 20 % or 30 % to the private limited company ?

is any exemption available to private limited company by making any investments ?

please help

thanks

Aditya Maheshwari

Aditya Maheshwari (Expert)
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02 January 2015 20% for LTCG in case of property sold is a long term asset. exemption u/s 54EC is only eleigible upto Rs. 50 lakhs for investment in bonds.

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