Are maintenance charges in respect of plot of land paid to land developer ,eligible for indexation benefit as cost of improvement while calculating capital gain on sale of plot? please suggest
Menu
Capital Gain
Replies (3)
Cost of Improvement includes the cost incurred to enhance the benefit drwan from the property.
If the maintenance charges in your opinion enhances the benefits then it can be capitalised otherwise not.
agree with above ,but normally mainteance charges are not included for calculating capital gain tax
agree with above ,but normally mainteance charges are not included for calculating capital gain tax
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
