in idt or dt is there any compulsory for writting sections or bot?
3 Replies
CA Saba Naaz
(Chartered Accountant)
(8487 Points)
Replied 01 November 2016
Write section nos. only if you remember them exactly
CA Saba Naaz
(Chartered Accountant)
(8487 Points)
Replied 01 November 2016
otherwise, it's better not to write as you may lose marks if you wrote wrong sections.
Hema Var
(Homemaker)
(21 Points)
Replied 02 November 2016
I have a question on capital gains; here it is [hypothetical]; purchased land in Dec. 1988 for Rs 112000, built a house spending Rs 288000 and occupied in March 1990. made periodical maintenance and sold it for joint development in Nov. 2012; builder agreed to handover 4000 sq ft built up area as 3 flats, construction cost being Rs 1600 per sq,ft; possession taken in Aug 2014; if the landowner [now the flat owner] sells one flat now, how much will be the capital gains? Thanks and Regards. Hemavar ahobilam2007 @ yahoo.com
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