cost of acquisation u/s 55

My question is whether stamp duty, registration charges, lawyer charges, commission paid shall be included in case of purchase of immovable property.
Replies (3)
Yes as per Sec 55 it all included in the Cost of Acquisition of Assets.
please write an article about set-off of short term loss from sale of shares against income under other heads
if you have any specific query then you can aak

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register