Capital gain

Efiling 243 views 1 replies

NHAI has Complusory Accquired land and Building of one client and TDS has been Deducted Under section 194 LA, as i had come to conculsion since land acquired is rural agriculture land and which not capital asset as per section 2 (14)  hence no capital gain. But My Query about actual cost of building since client does'not have any bill for construction nor any purchase deed nor the idea of the year of construction .

How to determine actual cost of building so to compute capital gain ?

Replies (1)

Procure Valuation report from registered valuer, if the property was existing prior to 1981.......


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details