In respect of purchase of building from Mr. Sarthak, income charge-able to tax in the hands of Mr. Anay would be-
A. ₹ 20 lakh
B. ₹ 30 lakhs
C. ₹ 15 lakhs
D. ₹ Nil
Answer:B
In respect of purchase of building from Mr. Sarthak, income charge-able to tax in the hands of Mr. Anay would be-
A. ₹ 20 lakh B. ₹ 30 lakhs C. ₹ 15 lakhs D. ₹ Nil