hello sir,
sir i have quary abt. exemption u/s54D (capital gain)
as per sec.54D A satis fied every things,as per compulsory acqusition his building sell out on29th Mar.2007, which purchased on20th july 2000,he recieve consideration on 10th Apr.2007,between that he has purchased a building on3rd apr.2007,
Quaries:-
1.How to compute long term capital gain? & does the purchase of asset is add in cost of acquisition ?
2.and how to treat it while file return on 5th apr 2007 or 12thApr,2007 or 30th september. &
how to calculate 6months for purchase of asset asper days then purchase day is include or not,?
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