MY FATHER HAVE PURCHASE LAND IN THE YEAR 1980 BY RS. 900/- AND BUILD A HOME IN THE YEAR 1987 BY EXPENDING OF RS. 50000/- NOW ON 24.06.2017 THE PROPERTY SOLD AT RS. 5000000/-, NOW HOW TO COMPUTE CAPITAL GAIN FOR THE ASSESSMENT YEAR 2018-19
Menu
Long term capital gain
Replies (1)
Get valuation certificate from Government approved valuer of the property, as of dated 01.04.2001. Based on the valuation, you can arrive at LTCG.............
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
