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Capital Gain

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..... Capital Gain
Query (Issue) Started By: - CHETAN CHOTALIYA Dated:- 10-2-2022 Income Tax
Income Tax
Respected sir, We are a partnership firm, we have some questions, so please clarify and help .....

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..... us 1- We had purchased factory land Date:- 07/08/2001. 2- We have built a factory building on this land on date:- 29/06/2003. 3- Land And Building Both A/c. are separately in books of account. 4- .....

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..... We have claimed depreciation on the building. 5- Revanyu Advocate will make the deed whole of the building. 6- We don't invest 54 to 54GA. Now, we are selling the factory, Can the cost of cons .....

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..... truction be merged into the cost of land? or, Can that be shown in the improvement cost? Please, Give the guidance for saving the Capital Gain Tax?. Thanking You.
Discussion Forum - Knowledge Sh .....

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..... aring .....

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