Land purchased on 5July,1995 for ₹5,00,000 & thereafter house built on the land in 1996-1997 which costs ₹ 2,00,000.What will be the cost to be deducted from sale price for computing capital gain if value of the house as on 1/04/2001 is : case(1). 6,00,000
case(2).4,00,000
??
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capital asset
Replies (2)
case 1 6 lakhs enhanced by indexation value
case 2 4 lakhs enhanced by indexation value
case 2 4 lakhs enhanced by indexation value
Aree Rama ji cost or market value whichever is higher ka concept b to h
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