Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2013
Please give your Expert opinion on this :
In 04/2006 Purchased a "Flat 1" for 88 lacs.
and Sold On 10/2011 for 110 lacs
In 08/2006 Booked "Flat 2" From the same builder and paid advance 15 lacs
another advance on 11/2006 12.5 lacs
On 04/2011 Builder charges Intrest of 22 lacs
I thought Intrest on Flat 1(Actually on Flat 2) and add to its cost & sold Flat 1 on 10/2011 for 110 lacs, hence No CG.
Now what should i do?????should i revise the the return????
In 04/2006 Purchased a "Flat 1" for 88 lacs.
and Sold On 10/2011 for 110 lacs
In 08/2006 Booked "Flat 2" From the same builder and paid advance 15 lacs
another advance on 11/2006 12.5 lacs
On 04/2011 Builder charges Intrest of 22 lacs
I thought Intrest on Flat 1(Actually on Flat 2) and add to its cost & sold Flat 1 on 10/2011 for 110 lacs, hence No CG.
Now what should i do?????should i revise the the return????
19 April 2017
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