Regarding capital gain
This query is : Resolved
31 July 2013
Dear Sir,
Please take a note that, we have one commercial shop details as below,
Purchased Value - 405,000/-
Registration cost - 85,000/-
Date of Purchased - 04/04/2006
now planing to sales details as below,
Sale value(Approx) - 20,75,000/- (Full Cheque)
Date of Sales - 31/07/2013
How to save capital gain.
please suggestion and guide me.
Regards
Rajnish
Please take a note that, we have one commercial shop details as below,
Purchased Value - 405,000/-
Registration cost - 85,000/-
Date of Purchased - 04/04/2006
now planing to sales details as below,
Sale value(Approx) - 20,75,000/- (Full Cheque)
Date of Sales - 31/07/2013
How to save capital gain.
please suggestion and guide me.
Regards
Rajnish
12 August 2013
You can claim exemption u/s 54F by investing the sale proceeds in a residential house property.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Applicability
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
