Long term capital gain on sale of residential house

The builder billed me for 8 lakhs towards (i) Advocate Fee; (ii) Club House Membership Fee; (iii) Maintenance Deposit; (iv) Charges For Electricity & Water; (v) Modification Charges, and I paid this amount along with Land & Construction cost.  

My question is "Will this 8 lakhs be considered as cost of the property for capital gain purpose?"

Please also suggest the safe investment ( a part of the sale proceeds) other than house property.

Replies (4)
it will be included in the value of the building and the same will be considered while computing capital gain

Thank you Ashwin,. Can you please advice on the safe investment ( a part of the sale proceeds) other than house property..

 

In case you have sold property you can claim deduction under sec 54f provided that you have purchased another property of same type and value and not sold it for a period of minimum 3 years... And you can also claim deduction under section 54 EC if you have invested the money in National Highway Authority of India Government Bonds within a period of such sale
Within 6 months of such sale

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