Capital Gain
This query is : Resolved
01 January 2009
My client has 1000 sq. mt of plot costing to Rs. 1500000. While ploting 100 sq. mt is kept open as per govt rule and plotted 2 plots of 450 sq. mt each. At the time of selling these plots, cost of acquisition is for 500 sq. mt or 450 sq. mt
1) 1500000/1000 or
2) 1500000/900
1) 1500000/1000 or
2) 1500000/900
01 January 2009
when you are purchase plot & on stamp duty it is indicated as a plot of 1000 sq mt so when you sold the same it is 1000 sq mt
when one person build the house then he build as per municipals rules so it is 1000 sq mt plot when muncipal ask you to kept the open land then additional fsi given to you by the muncipalty
when one person build the house then he build as per municipals rules so it is 1000 sq mt plot when muncipal ask you to kept the open land then additional fsi given to you by the muncipalty
07 November 2021
COA rate will be Rs.15, 00,000 divided by Nine Hundred, if no additional benefits availed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Grand in aid
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
