Capital gain on sale of land

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 July 2013 a plot purchased in 1989 for rs 70000 by husband and wife jointly sold for rs 100 lacs during june,2013.they already own a house in their name.what will be the capital gains liability for each ? what will be the amount required to be invested in REC/NHAI bonds by each ?

17 April 2017 Very old query need to be closed now



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