Capital Gain on Inami Land / Nazarana Land
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09 August 2023
Is capital gain is chargeable on sale of land received as inam / nazarana as there is absence of cost of acquisition for the same...???
09 August 2023
Yes, the cost of acquisition would be nazarana paid to state government for regularization of the ownership.
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11 September 2024
Good Luck.
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