Stamp Duty , Registration Fees , sale of residential flat
This query is : Resolved
15 March 2023
My mother has sold one society flat in December 2022 for ₹35 lacs.
Purchased in June 2016, Purchase Price was ₹20 lacs , stamp duty ₹140000 , registration fees ₹10000.
can we add stamp duty and registration fees in purchase price for indexation ?
we want to deposit this amount in capital gain scheme account.
Long tern capital capital is coming as ₹791818 (35L - 21.60L/264*331) , this amount we will deposit in bank account.
Purchased in June 2016, Purchase Price was ₹20 lacs , stamp duty ₹140000 , registration fees ₹10000.
can we add stamp duty and registration fees in purchase price for indexation ?
we want to deposit this amount in capital gain scheme account.
Long tern capital capital is coming as ₹791818 (35L - 21.60L/264*331) , this amount we will deposit in bank account.
15 March 2023
1) Stamp duty and registration fees can be considered in purchase price for indexation.
2) CG can be deposited in bank under "Capital Gains Accounts Scheme,1988"
2) CG can be deposited in bank under "Capital Gains Accounts Scheme,1988"
15 March 2023
Inference section 54 and notification G.S.R.724(E) dated June 22,1988.
16 March 2023
Sir, Please send list of banks at which we can open capital gain account ?
I am not able to find list.
I am not able to find list.
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