EASYOFFICE
EASYOFFICE

Query for rate of income tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 November 2014 A person sold a plot of land which he had purchased in 1992.if he does not opt for indexed cost of acquisition, rather he subtracts original cost of acquisition from the sell value.what will be the rate of income tax on the longterm capital gain in this case
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
07 November 2014 you dont have the option for not claiming indexation while selling land...

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links