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Long term capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 October 2015 Greetings....
I have long term capital gain on sale of property.
I want to know whether i can get deduction of payment made to various advocates for defeating other party i.e civil case on land.
and if yes whether it is cost of acquisition or cost of selling.
whats about indexation on such cost ?

05 October 2015 Regret to say that but you can not claim such expenses from the sale consideration

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 October 2015 but my question is whether we can treat this exp as a cost of acquisition.




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