Rohit Khandelwal (CA.Final Article Assistant) (29 Points)
29 November 2012Respected Members,
One of our client having Ancestral property of Around 10 Acre held by them as a Capital Asset. Now they want to convert that into a colony by doing Plotting. They have got all permission regarding that from all the concerning departments. Now What can be the best plaanning for the C.G. head and Business profession head. How can we minimize the Tax ?
Thank you
karan jit singh
(Consultant)
(1299 Points)
Replied 29 November 2012
Ahhh!!!
all member r happy to help subject to there earning will not b affected.
I advise you to take this advice from expert Face to Face to get superior tax benefit plan.
CA Bhargav Nathwani
(CA in Practice)
(8307 Points)
Replied 29 November 2012
| Originally posted by : karan jit singh | ||
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Ahhh!!! all member r happy to help subject to there earning will not b affected. I advise you to take this advice from expert Face to Face to get superior tax benefit plan. |
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Its required your personal Information soo Agree with Karan...ji..
praveen
(Chartered Accountant)
(6971 Points)
Replied 29 November 2012
It really requires lot of knowledge and indept analysis of the income tax act for planning such a transaction.
There is lot of money in stake. I dont think members would advice you on such a forum. Please contact an expert for suggestions.
i know an expert in this field in case you require his help let me know at mrpraveen @ live.com
GiriRaaj
(Articleship Traing )
(162 Points)
Replied 30 November 2012
| Originally posted by : Rohit Khandelwal | ||
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Respected Members, One of our client having Ancestral property of Around 10 Acre held by them as a Capital Asset. Now they want to convert that into a colony by doing Plotting. They have got all permission regarding that from all the concerning departments. Now What can be the best plaanning for the C.G. head and Business profession head. How can we minimize the Tax ? Thank you |
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kindly explain it in simplified language
Sreenivasulu Reddy
(Practice)
(30 Points)
Replied 30 November 2012
It really requires lot of knowledge and indept analysis of the income tax act for planning such a transaction. There is lot of money in stake. I dont think members would advice you on such a forum. Please contact an expert for suggestions. i know an expert in this field in case you require his help let me know at ca.rpsreddy @ gmail.com
CAclubindia
