i want to know what are the rules for long term capital gains and how it is calculated in case fo an individual and hindu undivided family . any cooperation will be highly appreciated
abhi (director) (71 Points)
16 April 2011i want to know what are the rules for long term capital gains and how it is calculated in case fo an individual and hindu undivided family . any cooperation will be highly appreciated
Anumanchipalli Sathikonda
(Tax Consultant)
(1349 Points)
Replied 16 April 2011
Mr.abhi
Please refer sections 45 to 55 of income-tax act, 1961. For inflation indexes you can refer any income-tax ready recknonor.
Best Wishes
Sathikonda
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