capital gain
This query is : Resolved
14 August 2016
I purchased a plot in year 2003 for 80000 and in 2007 I got it constructed for 150000 now if I sale it for 2000000 what will b the capital gain to b taxed in ay 17 18
and at what amount of sale there will b no capital gain tax when dlc rate of land is 600000
15 August 2016
The actual consideration or the stamp duty value, whichever is more shall be the full value of consideration.
15 August 2016
if I sale it for 600000 then what will b the tax liability n can
15 August 2016
n can I take deduction of indexed cost of improvements
15 August 2016
actual price OR stamp duty valuation which ever is greater shall be deemed to be the full value of consideration......Section 50C
Cost of improvement shall also be indexed
Cost of improvement shall also be indexed
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