Capital gains


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 February 2015

An individual enters into a development agreement with a builder & retains a flat inthe scheme constructed by the builder alongwith some monetary consideration.

How the capital gains is calculated?

25 February 2015 The individual can get the exemption u/s 54 OR 54F as the case may be.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 February 2015 Sir, will the value of retained flat added to the sale consideration first & then deduction U/s 54 will be given?

25 February 2015 yes, if the same is included in the CONSIDERATION.


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