Capital Gain
This query is : Resolved
31 December 2008
My client has 1000 sq. mt of plot costing to Rs. 1500000. While ploting 100 sq. mt is kept open as per govt rule. then while calculation cost of acquisition
1) 1500000/1000 or
2) 1500000/900
1) 1500000/1000 or
2) 1500000/900
31 December 2008
no the total area is taken as 1000 sq meter not 900 sq mt
who build the house it is important as per your agreement it is 1000 sq mt
who build the house it is important as per your agreement it is 1000 sq mt
07 November 2021
Second option is correct.
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