Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2012
If a building having wdv of Rs 27 lacs is sold for RS. 20 LAC & its circle rate is RS 30 Lac. Wheather or not Capital Gain tax is applicable .
27 May 2012
there shall be short term capital gain amounting Rs. 3 lacs.
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