Long term capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 June 2018 I am planning to sell some land that I had acquired 18 years ago. I am going to get receive a good amount of capital gain from this transaction, What are the ways of saving tax on this transaction?

06 June 2018 Dear,
It is tough to respond on your query with such limited facts even then I would like to tell you please consider the following points for tax planning:
1. Fair Market value of land as on 1.4.2001
2. Please consider the availability of deductions under section 54B, 54EC and 54 F of Income Tax Act.

Thanks
Kanj Goel
+91-9015980399



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