land sale and capital gain implications
rakesh (trainee) (86 Points)
02 September 2018
I have a land and which is achieved from a another person. But land is belong to co operative and only power of attorney I got from seller. in crux it is not acuired from co operative directly. now I want to sale this land and i want to receive all consideration in my bank account. I want to know that what is the tax implications on this transaction and how can I deal it?