EASYOFFICE
EASYOFFICE

Tax effects of appreciation in value of assets

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 June 2022 if appreciation in land value , what will be the tax effects, Appreciation in value of land assume Rs. 10,00,000/-
Land Accounts Dr. 10,00,000
To Appreciation 10,00,000 ( Indirect Income)
how to make tax effects .
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
05 June 2022 No tax payable on appreciation in value. Tax will arise only when it's sold.

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links