Capital gain

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 %.......

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details