Calculation of capital gain u/s 50c and deduction u/s 54f

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 March 2017 I purchased a HUDA plot from original allottee through unregistered deed in year 2005, and got it re-allotted in my name. I paid annual installments till May'2015. No convenyence deed executed and no physical possession given to me. Its indexed cost as on 2015 is Rs 21.50 Lakhs.
I sold it in Aug'2015 under unregisterd sale deed for Rs 20 Lakhs. Circle rate in 2015 as notified by sub-registrar was Rs 61.25 Lakhs.
In Dec'2015, I purchased a residential house property in Delhi for Rs 67.50 Lakhs under registered deed.
Q1. Which value 20 Lakhs or 61.25 Lakhs is to be taken for Capital Gain u/s 50C, as no registered deed was made?
Q2. Which value 20 Lakhs or 61.25 Lakhs [less cost of acquistion 21.50 Lakhs] will be allowed as deduction u/s 54F?
Q3. How will the tax liability, if any, be calculated?
Please help me and reply ASAP. Thanks

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 March 2017 Dear Experts, please answer and help me. Thanks.


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