Capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2011 Suppose I have purchased a House for10,00,000/- and sold the roof in the same financial year for5,00,000/- what will be the capital gain implications.

22 August 2011 Liable to Capital gain according.
OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2011 i am asking about the value of the gain, what will be the cost of acquisition and on what base it will be decided to take the cost of acquisition......



22 August 2011 Cost of aquisition considers value of the part u sold as on the date of the purchase
OM SAI SRI SAI JAI JAI SAI


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