F.Y. 20 15-2016
purchase
plot -C in Dec 15
purchase plot- B in JAN 16
F.Y. 2016-2017
plot -A sold in June 16 which is purchased in Oct 14
plz ask is there will liability of capital gain In relation with plot A which is sold.
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calculation of capital gain
Replies (1)
If there is any gain from the sale of plot A, short term capital gains tax liability arises.
No connection with purchase of plot B & C with sale of plot A
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