Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 March 2015
Property purchased on 30-3-2012 of Rs 800000 (294.43 Sq.mtr) sold some part of it at rs 144000 on 15/5/2012 (18.58 sq mtr).Rest is sold in f.y 2015-2016 for RS 1000000.How will cost of indexation and capital gain be calculated?
09 March 2015
indexation should be calculated in proportion to the area of asset sold in respect of each year.
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