Sec 51
This query is : Resolved
16 June 2014
why forfeiture of advance by previous owner is not deducted from cost of acquisition .when asset is sold some otherperson?
16 June 2014
it is deducted...atleast tahts what the section 51 says...where did you read it doesnt?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Transfer of MF
- Two pancard
- E bike purchase can get input in GST
- Lifting and cross charges
- SSY for 2 daughters
- Eligibility for filling NEW Form 121 from April 2026
- TDS on Immovable property to an NRI
- PTRC PAYMENT & RETURN FILING (Annually)
- Capital Gain Amount
- Interest on borrowed capital rental income
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
