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.
Querist :
Anonymous
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.