My client has leased property purchase for 25000 in the year 1984,
In 2010 leased property was Purchased from Municipal corporation for Re 15,000
Demolished old building and constructed New Bldg in 2017-18 Investing 40,50,000
and in 2023-24 had Sold it for 65,00,000 what will be the LTCG...??
Menu
LTCG of Commercial Property
Replies (1)
It's a long method. will need more details.
1. find fair value of property as of 1 4 2001.
2. find capital gain applying the indexed cost of acquisition.
1. find fair value of property as of 1 4 2001.
2. find capital gain applying the indexed cost of acquisition.
Recent Topics :
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
Related Topics :
CAclubindia
