Capital gain

S. Jamali (Director Roshan Akauntax Limited)   (70 Points)

20 November 2012  
AN ASSESSEE SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER CAN HE CLAIM EXEMPTION U/S 54B HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE

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AN ASSESSEE SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER CAN HE CLAIM EXEMPTION U/S 54B HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE

Read more at: /forum/details.asp?quote=1086241&mod_id=227881#reply
AN ASSESSEE SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER CAN HE CLAIM EXEMPTION U/S 54B HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE

Read more at: /forum/details.asp?quote=1086241&mod_id=227881#reply
AN ASSESSEE SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER CAN HE CLAIM EXEMPTION U/S 54B HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE

Read more at: /forum/details.asp?quote=1086241&mod_id=227881#reply
AN ASSESSEE SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER CAN HE CLAIM EXEMPTION U/S 54B HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE

Read more at: /forum/details.asp?quote=1086241&mod_id=227881#reply

AN ASSESSEE (FATHER) SOLD AGRICULTURE LAND with in 8 km of local limit of municipality so as per sec 2(14) not exempt AND PURCHASED AGRICULTURE LAND ON HIS SON’S NAME DUE TO UNAVOIDABLE FAMILY MATTER

CAN HE CLAIM EXEMPTION U/S 54B

HE CAN NOT CHANGE THE PURCHASE REGISTRY AGREEMENT DUE TO FAMILY MATTER

IS THERE ANY OTHER WAY TO SAVE CAPITAL GAIN ON ABOVE CASE