Income tax clearance certificate trf of immovable property

CA PRASAD KSHIRSAGAR (CA Practice ) (148 Points)

06 January 2014  

Dear All

 

A property of an assessee is to be offered for sale. What is the procedure to get Income Tax Clearance Certificate? Also it is depreciable Property namely factory, so, it goes for Short Term Capital Gains, however, do we have any exemptions available?

 

Regards

 

Prasad