Regarding Capital gains on unfurnished flat
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.
Message likes : 1 times