COST OF AQUISITION
This query is : Resolved
26 August 2008
Whether Extension Fee (Penalty for Non-Construction of house) paid to Housing Developement Authority is a part of Cost of Aquisition or not ??????? Plz give any case reference if possible
Whether Extension Fee (Penalty for Non-Construction of house) paid to Housing Developement Authority is a part of Cost of Aquisition or not ??????? Plz give any case reference if possible
27 August 2008
Extension Fee paid by the existing Owner for the future period is not a part of the Cost of acquisition.
However, the extension fee paid by the buyer for the period befor the date of acquisition on account of seller will definitely be a part of cost of acquisition.
However, the extension fee paid by the buyer for the period befor the date of acquisition on account of seller will definitely be a part of cost of acquisition.
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Banking Related Issue
- Average Cost Of High Quality Diamonds
- TDS offline utility
- Due Date Clarity
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- IT returns for fresh job holders
- Rent claimed on building given on permissive possession basis
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
