Gain on sale of rural agriculture lan

This query is : Resolved 

30 August 2011 Dear Sir,
In which head gain on sale of rural agriculture land is shown, if no business income is there?

30 August 2011 The capital gain is taxable under the head CAPITAL GAINS. now it depends whether it is long term or short term. whether it is exempted or taxable. without facts and figures it is very difficult to give the to the point answer.

30 August 2011 Dear Sir,
It is rural agriculture land. And it is short term capital gain.
In this situation what will be the exact treatment?





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