Taxability of capaital gain
This query is : Resolved
06 August 2018
An assessee has sold residential flat along with furniture and he recieved sale consideration for Rs 75lakhs. he also received 25lakhs separately for interior and furniture. now what amount should we consider for sale consideration while computing capital gains.. document value is only for 75laKHS.. please advise me at the earliest..
06 August 2018
Capital Gain applicable for Rs.7500000/-and Rs.25,00,000/- even though you have done sale deed for 75 lakhs but you have received 25 lakhs part qnd partial of Building costs.
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