Capital gain

Direct Taxation

Short term capital gain on sale of LAND & BUILDING Which is not covered under any of the special rates (i.e. 111A,112,112A) Then what is the tax treatment for this capital gain Does it mean that short term capital gain other than 111A shall be tax at normal rates of tax

Ashfaq Ahmed

CA Final

★ 24K+

11-Mar-22 18:49

450

Answers (2)

Yes

CA Suraj Lakhotia

Admin

13-Mar-22 13:17

Thank you sir

Thread Starter

Ashfaq Ahmed

CA Final

★ 24K+

13-Mar-22 14:01