Query on sale
shaikh sajeed (Associate) (151 Points)
25 September 2021
If I sale a flat for Rs.42 lac and purchase an agricultural land,what will be capital gains tax?
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178281 Points)
Replied 25 September 2021
No capital gain tax saving when you purchase just agricultural land. Unless you also construct a residential house on it.
Recent Topics
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
Related Threads
CAclubindia
