09 July 2012
AS PER CHARTERED VALUER RS.5,25,000/- COST PRICE IN THE YEAR 1981. SALES REALISATION RS.36,50,000/-AS PER DEED ON 02.04.2011 OTHER EXPENSES RELATES TO TRANSFER RS.55,000/-
COST INFLATION INDEX 1981-82 CII 100 2010-11 CII 711
SO I CALCULATE 425000/-*711/100 = RS.30,21,750/- SALE VAUE RS.36,50,000/- LESS:55,000/-
SALE VALUE 36,50,000/- LESS RS.55,000/- = 35,95,000/- SO,LTCG RS.35,95,000/- LESS 30,21,750/- = 5,73,250/- TAX @ 20% ON RS.5,73,250 = 1,14,650 PAYABLE SIR,PLZ.VERIFY MY CLACULATION AND PAYABLE RIGHT OR WRONG FOR LONG TERM CAPITAL GAIN IF IT WRONG SIR,MY REQUEST PLZ.HELP ME TO CORRECT VERY URGENT BECAUSE I TOTALY HELPLESS.PLZ.SUGGESTED ME I TRUST YOU.
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