I got a property from in heritage and sold it to another. So now question is how I calculate the income tax liability for this concern. I received Rs. 500000.00 by cheque for that. so please suggest me
Menu
Income tax calculation
Replies (1)
What is the year of purchase and sold property ?. If purchase was before 2001 then you will have to find out value of property in 2001 from registered valuer . for calculation of ( long term capital Gain ) income tax
Recent Threads
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
Related Threads
CAclubindia
