Capital Gain

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..... Capital Gain
Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 13-5-2025 Income Tax
Income Tax
A" is owner of property. Land is 5 years old and building thereon is only 1 year old. .....

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..... The said property is being sold resulting in capital gain which will be long term for land & short term for building. What is the correct method to split the sale consideration to arrive at short ter .....

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..... m and long term gain. Sale consideration is more than prevailing guideline value of both land and superstructure put together
Discussion Forum - Knowledge Sharing .....

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