Capital gain
This query is : Resolved
21 June 2015
registration expenses of building will form the part of cost of acquisition of building..?????e.g building purchased for ?2000000 ®istration expenses 100000..my question is how to calculate index cost of acquisition...
21 June 2015
Index cost of acquisation
=(2000000+100000)*Index for the year of sale/ Index in the year of acquisition
=(2000000+100000)*Index for the year of sale/ Index in the year of acquisition
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