Calculation for the purpose of ltcg

as per your question your ans. will be -

Sale Consideration(Consideraton assessable by stamp value authority assuming that lower than FMV,so FMV will be ur sale consd. )       - 1497000

 your cost consideration -  195086

90000/519*1125

ur answer is = 1497000-195086 = 1301914 on which LTCG @ 20% =260382

thnks

I actually got only Rs. 7,56,000. The actual capital gain is only 756000-195086= 560914. Why you are taking market price. Some places in tamil nadu are very much less than guide line value. I did not seen any logic in your calculation. Please clarify. Thanks.

if you not found any logic in my ans. then you need to read section 50C of income tax act.

Say me why u sold such asset in lower price , is that coverd in SEZ or aboriginal place??

you need to read 50C is the only answer of your question

thnks