Capital Gain Exemption On Sale
Shruthi Shetty (Articleship) (82 Points)
20 June 2021Shruthi Shetty (Articleship) (82 Points)
20 June 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 20 June 2021
I think there is no exemption on capital gains and it’s mandatory.
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 20 June 2021
I also think you will be claiming last periods depreciation plus this years if you have a policy to claim in arrears. Because once you classify the asset is held for sale, depreciation ceases.
veerendar singh
(tax consultant)
(3301 Points)
Replied 20 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 20 June 2021
Ankit Neema
(2742 Points)
Replied 20 June 2021