09 December 2018
I paid the following to the builder at the time of purchasing the new apartment and I would like to know what are all the costs to be considered to calculate the cost of acquisition of an apartment?
UDS land cost Stamp duty Flat construction cost Car park (not registered, only allotted) Electricity Board Metro Water board Sewage treatment plant Corpus fund
For calculation of Long Term Capital Gain, let me know the costs to be considered in cost of acquisition
10 December 2018
I think Except the Corpus fund Deposit, Everything can be considered as cost of Acquisition or atleast cost of improvement if incurred in later financial year after the year of sale deed registration.
CAclubindia
