capital gains

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62 Points Posted on 16 April 2018
why amount forfeited by PREVIOUS OWNER is not deducted from cost of acquisition?
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On 16 April 2018 at 10:55 Report
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SEO Sai Gr. Hosp.
212503 Points Posted on 16 April 2018

Because it is penalty paid for any breach of contract and not for acquisition of property.....

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On 16 April 2018 at 11:50
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62 Points Posted on 16 April 2018
thanks 😊 for clearing the logic
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On 16 April 2018 at 12:32
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SEO Sai Gr. Hosp.
212503 Points Posted on 16 April 2018

Most Welcome...

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On 16 April 2018 at 12:35

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