Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003

ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

NAVEEN CHAND (GST Practitioner)     28 July 2021

Stamp Duty paid - CAPITAL GAINS

Hello Members, 

Whether Stamp duty paid shall be included in Cost Of Acquisition while calculating Capital Gains?



 6 Replies

Vasudevan C P

Vasudevan C P   28 July 2021

Yes Naveen, it can be deducted while calculating CG
Sourav

Sourav (Student)     28 July 2021

Yes stamp duty is included while calculating Capital gains
NAVEEN CHAND

NAVEEN CHAND (GST Practitioner)     28 July 2021

thanks!  either add in COA or deduct as transfer expenses while calculating CG? 

NAVEEN CHAND

NAVEEN CHAND (GST Practitioner)     28 July 2021

stamp duty paid on the sale of immovable property shall be taken as transfer expenses? 

Sourav

Sourav (Student)     28 July 2021

add in COA for capital gains

1 Like
Nidhi

Nidhi (Chief Accountant)     29 July 2021

1. Stamp duty paid on purchase of property - Add in cost of acquisition
2. Stamp duty paid on sale of property - deduct from sale consideration as transfer exp.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Start a New Discussion

Popular Discussion


view more »







Subscribe to the latest topics :
Search Forum:

Trending Tags