wheather capital gaim arise out off sale of land acquisition by hesitance after deat of father
CA Dnyaneshwar Gopale (CHARTERED ACCOUNTANT) (501 Points)
05 September 2016wheather capital gaim arise out off sale of land acquisition by hesitance after deat of father
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170293 Points)
Replied 06 September 2016
Yes, Capital gains arises on inherited land, by way of its compulsory aquisition.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)