sale of old house
This query is : Resolved
hemanshu chiniwala
(Querist)
24 May 2011
i have 40 years old house . i wish to sale it .value of this house is 25lakh .index cost of house is 2.5 lakh
i want to construct new house from the amount of old house.cost of construct 15 lakh.
How much income tax i have to pay?
i want to construct new house from the amount of old house.cost of construct 15 lakh.
How much income tax i have to pay?
U S Sharma
(Expert)
24 May 2011
deduct indexed cost of acquisition from 25 lacs, then calculate.
CA MANOJ GUPTA
(Expert)
24 May 2011
u have not shared the cost of acquisition of house
pl tell then a correct replyu can be given
CA MANOJ GUPTA
JODHPUR
09828510543
pl tell then a correct replyu can be given
CA MANOJ GUPTA
JODHPUR
09828510543
hemanshu chiniwala
(Querist)
24 May 2011
index cost of old house is 2.5 lakh
22 July 2025
https://docs.google.com/document/d/1KopZ8F--yh2YM2xlVA_0wdC49n_IUzd52pRTShmHFDQ/edit?usp=sharing
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