Cost of Plot as per Deed Rs.20 L
But Bank Purpose for CC Renewal Cost of Plot Corrected and Stamp Duty paid ( Correction Deed Rs.25L)
and Plot are sold Rs.21L
the question is Cost of Acquisition which to be consider for capital gain calculation
Menu
Cost of Acquisition of plot sale
Replies (2)
Quick Summary
You have to considered cost of acquisition as RS.20 lakh i.e. value you actually paid for purchasing such plot.
20 lakhs rupees should be cost of acquisition
Recent Topics :
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
Related Topics :
CAclubindia
