Learn about
Remember | Register | Forgot Password?
Bookmark This Page   RSS Feeds  Follow On Twitter

 

         
    



Please Wait ..


Discussion > Taxation > Income Tax > Capital Gains Tax   Unanswered Threads Post New Topic

Pages : 1


There are 4 Replies to this message


Maheshwari L.T.


REAL ESTATE
[ Scorecard : 42]
PRO CHAT CALL
Posted On 02 April 2011 at 19:42 Report Abuse

Sold land on 9th April,09. Invested proceeds on 7th Oct.09 in SBI Capital Gains Term Deposit, maturing on 7th April,2011. To save capital gains tax, can I invest now in Capital Gains Tax Savings fixed tenure Infra Bonds or have to purchase a house only for the same? What time is available to me and are there any other options also? Will appreciate urgent reply. REGARDS. Maheshwari

A V Vishal


Advocate
[ Scorecard : 19867]
PRO CHAT CALL
Posted On 02 April 2011 at 20:03

There are no options since you have to acquire a house within 2 years or construct a house within 3 yrs of the sale. As both options are exhausted you need to pay tax on the Capital gains.

M.V.GIRI


ADVOCATE & TAX CONSULTANT
[ Scorecard : 245]
PRO CHAT CALL
Posted On 03 April 2011 at 23:20

one option is available as still one more year to construct your house and claim the capital gain tax exemption

Rahul


patner
[ Scorecard : 36]
PRO CHAT CALL
Posted On 21 May 2011 at 20:38

 

A shop is in name of firm.In Dissolution deed the shop is
Now mention to the leaving patner.so now i want to know that there is any capital Gain Tax to the firm now.If yes then which section and percentage.

prakash sahay


advocate
[ Scorecard : 72]
PRO CHAT CALL
Posted On 14 June 2011 at 20:16

I agree to Rahul

prakash sahay

psahay_advocate@yahoo.co.in




Previous Thread
Previous 		Next Thread
Next


Related Threads

Post your reply for Capital Gains Tax



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • This is a public forum. Avoid posting content which you do not wish to disclose in public.
  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.



Subscribe to the latest topics :


Forum Home | Forum Portal | Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads - Month | Unreplied Topics | Forum Stats