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Long term capital
If I had purchased a property in FY 13-14 of Rs.11500000 and sale in FY 20-21 with Rs.2000000.What will be the capital gain amount
Replies (3)
Sir, sale value written by you is 20,00,000
but I think it's 2,00,00,000/-
So, Capital Gain as per Sale value 2,00,00,000 is
Sale consideration....2,00,00,000
Less indexed cost 1,15,00,000/220*301...1,57,34,090
So LTCG is 42,65,909
but I think it's 2,00,00,000/-
So, Capital Gain as per Sale value 2,00,00,000 is
Sale consideration....2,00,00,000
Less indexed cost 1,15,00,000/220*301...1,57,34,090
So LTCG is 42,65,909
Sir sale value is 2000000 and purchase value is 1150000
So, Sale consideration....20,00,000
Less indexed cost 11,50,000*220/301.....15,73,409
LTCG is 4,26,590/-
Less indexed cost 11,50,000*220/301.....15,73,409
LTCG is 4,26,590/-
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