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Accounting Treatment of Longterm capital gain

This query is : Resolved 

Please suggest me proper accounting entry for long term captital gain in company. for example building sold Rs. 90 and cost is 35 so what should be entry of capital gain in books of account of rs. 55.

Indexation needs to be carried out. The below is one general entry for your reference.

Bank - Dr.
Land - Cr
Capital Gain - Cr.

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