Capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 January 2014 I want to compute income tax on transfer of house property on long term and short term gain.

23 January 2014 Income tax on LTCG on transfer of house property is 20%+cess.

The short term cap. gain is included in the total income and normal tax rates are applied.

23 January 2014 Pl refer on more details: http://www.charteredclub.com/section-54/

Thx




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