Calculation of capital gains

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2011 I HAD PURCHASED FLAT IN 10/2010 AND PAID RS. 1.35 LACS TOWARDS REGISTRATION CHARGES. POSSESSION WAS TAKEN ON 03/11. THE FLAT WAS SOLD ON 05/11 FOR RS. 33.50 LACS. NOW I HAVE BOOKED A FLAT WHICH IS UNDER CONSTRUCTION.
HOW MUCH CAPITAL GAINS TAX I HAVE TO PAY ?
I WILL BE OBLIGED IF A DETAILED CALCULATION IS POSTED. I AM FROM PUNE CITY AND I AM OF 51 YEARS OF AGE.

praveen sisodia

praveen sisodia (Expert)
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30 September 2011 please provide me the purchase cost of the old flat.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2011 SORRY ! IN A HURRY I HAD OMITTED THAT PART. THE TOTAL PURCHASE PRICE INCLUDING ALL CHARGES IS RS. 22 LACS. I HAD NOT INCLUDED THE LEGAL CHARGES OF THE ADVOCATE WHICH IS ABOUT RS. 6000/-. FOR WHICH IN NAVE NO RECEIPT.

Querist : Anonymous

Querist : Anonymous (Querist)

05 October 2011 SORRY ! IN A HURRY I HAD OMITTED THAT PART. THE TOTAL PURCHASE PRICE INCLUDING ALL CHARGES IS Rs. 22 LACS. I HAD NOT INCLUDED THE LEGAL CHARGES OF THE ADVOCATE WHICH IS ABOUT Rs. 6000/-. FOR WHICH IN NAVE NO RECEIPT.

Querist : Anonymous

Querist : Anonymous (Querist)

05 October 2011 I HAD PURCHASED FLAT IN 10/2010 AND PAID Rs. 1.35 LACS TOWARDS REGISTRATION CHARGES. POSSESSION WAS TAKEN ON 03/11. THE TOTAL PURCHASE PRICE INCLUDING ALL CHARGES IS Rs. 22 LACS. I HAD NOT INCLUDED THE LEGAL CHARGES OF THE ADVOCATE WHICH IS ABOUT Rs. 6000/-. FOR WHICH IN NAVE NO RECEIPT. THE FLAT WAS SOLD ON 05/11 FOR Rs. 33.50 LACS. NOW I HAVE BOOKED A FLAT WHICH IS UNDER CONSTRUCTION.
HOW MUCH CAPITAL GAINS TAX I HAVE TO PAY ?
I WILL BE OBLIGED IF A DETAILED CALCULATION IS POSTED. I AM FROM PUNE CITY AND I AM OF 51 YEARS OF AGE.