Sale of liquor license


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2014 Customer have a liquor license & now he want to sale the license to other pls confirm what is the tax treatment on sale of liquor license

09 March 2014 Provisions of Capital Gain shall apply to your case.

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 March 2014 Suppose Customer have received the license from Govt in 1960 & now he want to sale @ Rs. 2 lacs in that case what is the tax liability & is there any way to save tax by investing the same.




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