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Q. long term capital gain

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Anonymous

posted 1 year ago

Q.long term capital gain
In the year 2010-11 I bought land in Solan on which i constructed a 4 storeyed building which till date is under construction. Till the FY 2013-14 I had spent 67 lakhs on it including the cost of land. Now I want to sell this under construction property . Will the profit arising out of this sale be considered short term or long term

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Deepak Yashwantrao Bade

Experience: 9 Year(s)

Responded 1 year ago

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A. ) It's monetary matter of getting profit.better way to contact with CA accountant for better advise. If you have any legal issue for selling then approach to our vidhikarya lawyer.

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ROBERT D ROZARIO

Experience: 15 Year(s)

Responded 1 year ago

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A. ) Consult a chartered accountant or a financial advisor.

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 1 year ago

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A. ) Dear Sir,

Better if you consult C.A.(Charted Accountant)

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Sushama

Experience: 5 Year(s)

Responded 1 year ago

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A. ) Hello
Consult any financial investment advisor.

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