Capital gain

This query is : Resolved 

15 February 2014 if i have flate in fy 10-11 and value as per property file is 98500 but it purchase at 150000 then now i will sale this flate at 300000 in fy 12-13 but value as per property file is only 105000 so what value reflected in accounts ? How to compute capital gain in ay 13-14 ?

15 February 2014 the cost shall be the amount you paid for it...



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