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Capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2014 Hello, i have a land that is on my company's name. it is a long term capital asset. i want to transfer it to either my partnership firm or on my name....wat r the ways or exemptions available to avoid capital gains tax...please advice
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Rupesh Jain

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Rupesh Jain (Expert)
23 June 2014 if you are tfr then it tfr through the sale and it will be taxable in hand of company and company will pay the LTCG @ 20%

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