Capital gain
This query is : Resolved
Pawan Kumar Singh
(Querist)
19 December 2017
if i purchase land in 2002 but i construct building in 2016 and sold that building this financial year should i do indexation that construct amount means part of improvement amount...
19 December 2017
No. Compute LTCG on land and STCG on building.
Pawan Kumar Singh
(Querist)
20 December 2017
but i received payment full from sale of building , how can i calculate long term as well as short term capital gain even i have received only one amount?
30 September 2021
Take the current circle rate of land in the area, for evaluating long term capital gain, Rest will be short term.
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