what is the cost of acquisition to the buyer .?
If at the point of sale the property was valued at Stmap Duty Valuation by the authority.
Will the cost of acquisition be the stamp value or the consideration paid by the buyer..??
sudhir munjal (Student) (53 Points)
25 January 2013what is the cost of acquisition to the buyer .?
If at the point of sale the property was valued at Stmap Duty Valuation by the authority.
Will the cost of acquisition be the stamp value or the consideration paid by the buyer..??
Pankaj Gupta
(CA final & M.Com Student)
(3358 Points)
Replied 25 January 2013
cost of acquisition is the amount paid by the buyer
https://www.indiantaxupdates.com/2012/12/31/brief-note-on-taxability-of-capital-gains/
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