Capital gain

Gurpreet singh (Student) (138 Points)

02 March 2016

I have sold my plot for 16 Lac capital gain is 5 Lac only and other 11 Lac I received in cash, how can I save tax on it

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3 Replies

CA MANISH SAXENA (Partner) (561 Points)
Replied 03 March 2016

My very first Question to you Gurpreet.Then I will answer your Query.

Are you a CA student????

Gurpreet singh (Student) (138 Points)
Replied 03 March 2016

Yes I am a student of CA Final and my exaMs are held in coming may

CA MANISH SAXENA (Partner) (561 Points)
Replied 03 March 2016

Great..All the best for your exam.

BTW any amount which u receive in cash will be Black Money !

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