Hi
On sale of flat the principal deduction previously allowed now gets taxable but under which head? Capital gains? If yes then should i add it to sale value?
CA Vishal Mehta (CA) (123 Points)
30 July 2016Hi
On sale of flat the principal deduction previously allowed now gets taxable but under which head? Capital gains? If yes then should i add it to sale value?
CA SANKET GARG
(Sanket Garg & Company )
(838 Points)
Replied 30 July 2016
Deduct from Purchase Consideration.
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