Exemption on capital gain chargeable to pvt. ltd. co.
This query is : Resolved
24 July 2018
Dear Sir,
My company had acquired a flat amounting to Rs. 30,00,000.00 as on dated 25/05/2012 and the company had sold it as on dated 26/09/2017 for the amount of Rs. 80,00,000.00 whether there is any exemption for the Private Limited company for the Capital Gain raised due to such transaction. Kindly reply fast.................
My company had acquired a flat amounting to Rs. 30,00,000.00 as on dated 25/05/2012 and the company had sold it as on dated 26/09/2017 for the amount of Rs. 80,00,000.00 whether there is any exemption for the Private Limited company for the Capital Gain raised due to such transaction. Kindly reply fast.................
24 July 2018
No exemption available deduct indexed cost and pay 20% tax on capital gains.
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27 July 2018
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