Long term capital gain
property in 2008-09was 450000 rs and sold in 2013-14 is 750000 rs .what will be long term capital gain
Replies (1)
Dear Sir,
there will capital gain of Rs. 23969.07/- cosidering the indexation benefit.
Cost Inflation Index:- F.Y. 2008-09 = 582 and F.Y. 2013-14 = 939.
| Full Value Consideration | 7,50,000.00 | |
| Less | Expenditure Incurred for Transfer | |
| Less | Indexed Cost of Acquisition (450000*939/582) | 7,26,030.93 |
| Long Term Capital Gain | 23,969.07 |
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