30 January 2014
the asseesse has sold plot of land in F.Y 2012-13, AND PURCHASED ANOTHER PLOT WHICH WAS REGISTERED ON 24-10-2013. WHOLE CONSIDERATION WAS PAID AT THE TIME OF REGISTRY. THE AGREEMENT TO SALE WAS EXECUTED IN JULY 2013, BUT NO PAYMENT WAS MADE. CAN HE CLAIM EXEMPTION U/S 54 F
31 January 2014
dear expert, what is treatment of capital subsidy recd by SME UNITS UNDER capital linked subsidy scheme. is it a capital receipt or revenue receipt.
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