17 December 2012
What will be the Net Income & the Tax Amountif Sale of Land (not Agricuture):- Full Value Consideration on 01/12/12 is Rs.800000/- Cost of Acquisition Rs. 400000/- In Schedule CG - C Date LTCG Provision and LTCG No Provision what figure and in which Date we will mention which figure if there is no any Investment and kept in Bank FD.
22 December 2012
The Date of Acquisition is required as the benefit of indexation is available.
Further, also provide the details of the investment viz., amt. date, where the investment of the sale proceeds have been made to determine the Deduction/ Exemption under different sections available?
CAclubindia
