Capital gain

526 views 4 replies

An assessee owns a land,lets a person to develop flats on it.When completed,the developer makes payment of Rs.25,00,000/- with a flat there only.Remaining flats sold to the various.

My question arises is that flat also counted as a consideration or if it so then whether we will take M.V. as consideration???

Replies (4)

ya flat can be also taken in total contributation but only actual cost can be included in total consideration not market value.

Actual cost can be calculated = Total Cost Incured / No. of Flate



hey thanx buddy!!!!!!

What is the tax rate on short term capital gain on commodity trading

i think its 15 %.......


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