Capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 March 2013 If i am living in a building and if Government gives us a flat in a new building by taking our old flats WITHOUT Consideration than does it attract Capital Gain????

29 March 2013 No there is no Capital gains it will be applicable only when u sell the flat

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 March 2013 Can u tell me the Section number which supports your answer.


22 May 2013 Is the first building transferred in your name. If yes then the difference in the price will attract Capital Gains u/s 50C



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