Taxibility of residential house/plot

Lovendeep Sharma (ACCOUTANT) (58 Points)

13 December 2017  

THE ASSESSE HAS SOLD RESIDENTIAL HOUSE DURING THE YEAR 2017-2018 ,WHTETHER THERE IS ANY EXEMPTION/LIABILITY OF CAPTIAL GAIN TAX ON SALE OF RESIDENTIAL HOUSE WHICH WAS GIVEN BY THE PARENTS AS GIFT OF PLOT AS PER GIFT DEED, BUT ACTUALLY IT IS A RESIDENT HOUSE OF WHUICH THE ASSESSE HAV NO PROOF BEING A RESIDENT ALLOWANCE..

 

PLEASE REVERT ONTHIS ISSUE.

LOVENDEEP SHARMA