Capital gain
This query is : Resolved
19 July 2010
Property purchase on 24/10/08 and sold 19/3/10, Purchase value-22,20,000/-Stamp duty-133,220/-registration fee-23,520/-
sale value-30,00,000/- stamp duty-1,50,000/- registration fee-30,540/- . i want to know how much capital gain i have faced,
sale value-30,00,000/- stamp duty-1,50,000/- registration fee-30,540/- . i want to know how much capital gain i have faced,
19 July 2010
cost of acquisition will be purchase price 2220000 plus stamp duty 133220 plud registration 23520
consideration is 3000000/- assuming stamp duty 150000 and registration fee 30540 is borne by purchaser
short term capital gain will be Rs. 3000000-2376740 i.e., Rs. 623260/- ,
if expenses of rs. 180540/- on transfer of property is borne by seller the same shall be deducted from consideration of rs. 3000000/- and short term cvapital gain shall be decreased by that amount
consideration is 3000000/- assuming stamp duty 150000 and registration fee 30540 is borne by purchaser
short term capital gain will be Rs. 3000000-2376740 i.e., Rs. 623260/- ,
if expenses of rs. 180540/- on transfer of property is borne by seller the same shall be deducted from consideration of rs. 3000000/- and short term cvapital gain shall be decreased by that amount
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
