I bought a flat in a coop housing society in mumbai in 1994, I paid stamp duty, but the stamp duty officer later assessed a higher amount so I landed paying additional stamp duty. Now I plan to sell the flat. Can I use the higher assessed amount to calculate my long term capital gain or do I use the amount shown on my purchase agreement?
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Stamp duty/capital gains
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Your cost of acquisition will be cost as per agreement plus total stamp duty paid by you.
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