Assessee "A" purchased flat from Builder "B" for 27 lacs with a home loan of 25 lacs.
A could not pay balance amount of Rs. 400000 to the builder.
A sold the flat to Buyer "C" for 36 lacs.
C is paying balance amount of 4 lacs to Builder "B" directly as own contribution. C is taking out home loan of 32 loans.
A is also purchasing a new flat for 28 lacs with home loan of 24-25 lacs.
What is the Capital Gain chargeable to A??