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GST as part of Brokerage for Sale of Property

This query is : Resolved 
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(Querist)
02 June 2021 Dear Sir

For a sale of property, I am paying a brokerage of 90000 on which GST of Rs.16200 has been levied by the Broker. Invoice value - Rs.106200.

While calculating capital gains, what should i show as expense incurred for sale - Rs. 106200 or Rs. 90000.

Can i pay this amount by cash or it needs to be through cheque?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 June 2021 Show Rs. 106200 amount actually paid.
Pay through cheque.
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Pooja Yagnik

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Pooja Yagnik (Expert)
02 June 2021 You can take Total amount including GST as brokerage expense while calculating Capital Gain.
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TGG

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TGG (Querist)
02 June 2021 Thank you Mr. Seetharaman and Ms. Pooja for the quick and prompt response.
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