Capital Gain - Commerical Property
This query is : Resolved
18 April 2021
Hi
I am purchased Agriculture Property in 2001 . Now I am going to develop property and Sale as a Individual Plots. How I can reduce my capital gain or I can re invest some other property to reduce capital gain. Please suggest
I am purchased Agriculture Property in 2001 . Now I am going to develop property and Sale as a Individual Plots. How I can reduce my capital gain or I can re invest some other property to reduce capital gain. Please suggest
24 September 2021
You can reduce the tax liability by investment in a Residential house property or by investment upto Rs. 50 lakhs in Capital Gains bond issued u/s. 54EC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Voluntary gst tax given in DRC FORM 3 US 122 AND US125
- New Time limit for gst assessment for fy 2017-2018,2018-2019,2019-2020,2020-2021
- Reg Correction Form 15CB & 15CA
- TDS deposited by party after the filing of income tax returns
- Gstr9 fy23-24
- Rebate u/s 87a on STCG / LTCG - New tax regime
- TDS deduction requirement
- Salary & Professional Fees at a time from same company
- Chemical and Appratus
- Appeals pending - time limit
- Specified Time limit for gst assessment for fy 2017-2018,2018-2019,2019-2020,2020-2021
- GST applicability on handling of agricultural produce
- Discount on Tally Renewal
- Pre-deposit @20%- appeal proceedings
- 8C of gstr9
- Regarding the Demand Raised in TAN due to inoperative PAN.
- ITC IN AMMENDED INVOICE IN GSTR9 2023-24
- Unclaimed ITC relates to FY2023-24 reclaimed in October-2024 but failed to reverse the same
- Rule 42 Calculation
- Fixed assets to be expensed out resulting nil value
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
