In case a person-
1. purchase old commercial building
2. demolish the building and reconstruct (3 floors)
3. one floor he kept for his own business and another 2 floors sold ( While constructing ) .
In this case, sale of two floors considered as capital gain.
What is the rate of GST applicable in this case? and whether ITC can be claimed?
| Latest response: 29/11/20 | Sort by