Whether the registration fee for the newly acquired house will be included in the benefit of rebate given in the capital gains tax for sale of the property? Or, only the amount paid to the builder for the newly acquired house is eligible for capital gains tax?
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Inclusion of registration fee for the new acquired house for capital gains rebate
Replies (1)
Yes, all the costs/expenses to legally acquire the house property are included/capitalized in the cost of acquisition and are available for deduction to arrive at capital gain.
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