Capital gain co owner property sold one person?
This query is : Resolved
29 May 2023
Sir, purchase land , dt 27.2.18
co owner property
A.& B
Pur.Total Amt 580000/-
A.290000/- B 290000/-
Sale Total amt.295000/- dt.30.11.22
One person sold.
Itr 3 filing A
Plot pur.A. 290000
Sale total amt.295000 one person 100%
But ITR filing which sold amt consider?
Pur.property owner A 50% B 50%?
Sale amt.A.147500& B.147500
LTCG Calculate? &
ITR . full consideration value?
Cost of acquisition without indexation calculation?
Index A.calculation.290000/272*331=352904 B.calculation.290000/272*331=352904 LTC Loss A -205404 & B -205404
ITR. Correct calculation ?
Please. Sir solution.
co owner property
A.& B
Pur.Total Amt 580000/-
A.290000/- B 290000/-
Sale Total amt.295000/- dt.30.11.22
One person sold.
Itr 3 filing A
Plot pur.A. 290000
Sale total amt.295000 one person 100%
But ITR filing which sold amt consider?
Pur.property owner A 50% B 50%?
Sale amt.A.147500& B.147500
LTCG Calculate? &
ITR . full consideration value?
Cost of acquisition without indexation calculation?
Index A.calculation.290000/272*331=352904 B.calculation.290000/272*331=352904 LTC Loss A -205404 & B -205404
ITR. Correct calculation ?
Please. Sir solution.
30 May 2023
How the transaction tool place without sell of part owned by B?
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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
