Capital gain
This query is : Resolved
27 July 2013
A person pay a consideration to his relative for make vacant his house, & then sale such house.
Is the above consideration is deductible from the sale proceed for the purpose of computing capital gain.
Is the above consideration is deductible from the sale proceed for the purpose of computing capital gain.
27 July 2013
no,
Cost of making house vacant from tenant is not deductible.
Cost of making house vacant from tenant is not deductible.
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