If some one is doing the business of Land sale and Purchase so it is treated as Trading Business or Cpaital Gain ?
Menu
Trading
Replies (2)
If it is your business to purchase and sell Land, then it is Income from Business and not Capital Gain.
Agree with Pooja K.
Recent Threads
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
- The deductor filed GSTR 7 turnover including tax.I
Related Threads
CAclubindia
