friends
A land wic is purchased in india in 1991 by an indian later wic he went to aboard and got settled there, now he wants to sell the land.
what is the tax implication?? and can he get any exemption under income tax act 1961 ???
Menu
capital gain
Replies (2)
guys pls reply
certainly there is a long-term gain and that is taxable at the rate of 20%
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
