in idt or dt is there any compulsory for writting sections or bot?
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Compulsory to write sections in exam
Replies (3)
Write section nos. only if you remember them exactly
otherwise, it's better not to write as you may lose marks if you wrote wrong sections.
I have a question on capital gains; here it is [hypothetical]; purchased land in Dec. 1988 for Rs 112000, built a house spending Rs 288000 and occupied in March 1990. made periodical maintenance and sold it for joint development in Nov. 2012; builder agreed to handover 4000 sq ft built up area as 3 flats, construction cost being Rs 1600 per sq,ft; possession taken in Aug 2014; if the landowner [now the flat owner] sells one flat now, how much will be the capital gains? Thanks and Regards. Hemavar ahobilam2007 @ yahoo.com
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