Easy Office
LCI Learning

Regarding Capital gains on unfurnished flat

This query is : Resolved 

04 May 2021 I had bought a flat in June 2019 at 33.5 Lakhs. The registration was done at circle rate as unfurnished property @18.75 lakhs and the remaining 14.75 lakhs was to be included in fittings and fixtures seperately. The builder has not provided me with any document for the remaining 14.75 lakhs. Now if I sell the flat at 40 lakhs what would be the capital gains and tax payable.

04 May 2021 Sell it as furnished house. For capital gains calculations show 14.75lacs as addition to the house.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries