Party received Goodwill from Joint Developer: 30 Lakhs
Under which head of Income to be shown
6 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 21 November 2021
I think under capital gains
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 21 November 2021
Capital gains. tax rate for CG will be 20% flat.
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