Tax Treatment of Conversion of Stock (Immovable Property) in Capital Gain Head

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RAJESH SINGH (Querist)
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10 November 2022 Respected Sir

I am a trading in Real Estate ( Only Trading in Plot/Land) last financial year.
Sir I want to Know that how to Tax treatment in Business & Profession /capital Gain.
and what is Procedure of Conversion of stock in Capital Gain Schedule

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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10 November 2022 If you have business set up for such trading business, the earnings can be declared as business income.
For any capital investment a declaration is required to be made with certification.