21 December 2009
IF A IS HAVING FLAT COST RS.12 LACS PURCHASED IN OCT 07 & SOLD IN FEB. 09 RS.14 LACS .HE RECEIVED PART PAYMENT OF RS.4 LACS IN FEB.09 & BALANCE AMT. RS.8 LACS IN JULY 09.STAMP DUTY & REG.WAS MADE IN FEB.09 THE QUESTION IS WHAT WILL BE TAX LIABILITY
CAclubindia
