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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2013 Suppose 25% of a house building is sold. Can the whole (100%) indexed cost of construction and improvement be claimed at once, on the understanding that later on if a part or whole of 75% is sold, they will not be claimed again?

09 July 2013 No it cannot be done because it may not be practical doing such calculation.

There must be proper justification



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