LTCG Tax on Sale of lan
This query is : Resolved
28 September 2021
Sir I want to know at the time of calculating long term capital gain in case of sale of land, whether registration cost and stamp duty charges can be reduced together with purchase cost. Again can I avail indexation benefit on registration charges and stamp duty.
28 September 2021
The stamp duty & registration charges paid at the time of purchase of asset can be added to the cost of acquisition, provided no tax benefit claimed. The same gets indexed for calculation of LTCG.
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