Poonawalla fincorps
Poonawalla fincorps

Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 March 2014 Dear Sir,
One of our client got the long term capital gain against the sell of land, my query is whether he has the option or not for opting between 10% tax flat on capital gain and 20% tax at indexation cost.

Thanking You.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 March 2014 That option is not available for land. It is available for listed shares.

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