Capital gain - sale of flat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2012
Proceeds from sale of flat are invested in another flat purchased. Purchase transaction was 3 months before the sale transaction. Can i claim expenditure on the amount paid for interior designing of the new flat?
Thanks in advance.
Thanks in advance.
07 August 2012
Yes such an expenditure shall be allowed as cost of improvement.
Message likes :
1 times
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
- Distinct person & regular person POS
- INCOME TAX NOTICE QUESTION
- Query ON belated tds deduction
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Capital gain on sale of resident house by non-resident Indian
- Regarding claiming exemption under section 54ec
- Input Tax Credit Treatment For Hotel Service Provider.
- Need Conversion process of CA Proprietary firm to CA Partnership Firm
- Clarification on Inventory
- Whether to file ITC 03 for downward GST rate revision - Reg.
- Seeking Assistance for MoA Amendment and ROC Compliance
- Gst on good transport services
- In put not come in 3B
- Cost under IND AS 27
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
