For simplicity assuming cost of acquisition as zero for land.
Land area: 10000sft
Govt rate of land: 2000/sft
Share agreement: 60% builder, 40% landowner
Built-up area received to land owner as per share 10000 sft
Govt rate of apt: 2500/sft
Cost of construction: 1500/sft
What is LTCG if nothing is sold?
What is LTCG and STCG if all of it, i.e 10000sft is sold at 4000/sft
" What is LTCG if nothing is sold? What is LTCG and STCG if all of it,........."
Without cost of aquisition of land and its period of holding.......... LTCG cannot be estimated.....
sell price......... Rs.1500/- * 10000 sq.ft.
Indexed Cost price : 272/148* 1L..........
Difference LTCG.............
STCG........ Rs. 1000/- * sqft of each flat sold.......
Austin Med Solutions Pvt Ltd
Bengaluru
CA
View Details
Bharat Shah & Associates
Mumbai
CA Inter
View Details
RoamPrime Technologies Private Limited
Bengaluru
CA
View Details
Hema Yashwanth & Associates
Chennai
B.Com
View Details
CCI
Pro
CAclubindia
