I purchased plot in 2001 and constructed bungalow in 2015. How can I calculate capital gain
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Want to calculate capital gain for own constructed bunglow. what info i need and how to calculate
Replies (3)
I think for Capital gain calculation sale consideration is very important component. Here it was not done
Yes. I have sold my house now and so I want to calculate capital gain.
Cost of acquisition will be amount paid for land purchase in 2001. & cost of improvement will be amount spent for construction of building in 2015. Indexation benefit can be availed.
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