Long Term Capital Gain - Cost of Acquisition

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Soyam M Vahora (Querist)
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03 December 2020 I have sold my residential property after holding more than 2 yrs.

The property purchase value as per registered purchase agreement is INR 29L
In Addition to said regd. agreement amt (29L), I have also paid INR 3L by A/c payee cheques to builder towards Society Maintenance + Service Tax + Maintenance Deposit +Infrastructure Development Charges + Auda Legal Charges etc. as per their demand.

Now my question is whether I can include said other exp. of INR 3L in Cost of Acquisition Amt. , pls guide me which exp. is eligible in addition to cost of acquisition.

Pls help me in this matter.

Your quick reply shall be highly appreciated...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 December 2020 Yes, include other exp 3 lacs in cost of acquisition.

Soyam M Vahora

Soyam M Vahora (Querist)
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03 December 2020 Thanks Sir for your early reply...

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