Capital gain
This query is : Resolved
08 January 2016
Sir
one of my friend has sold a property in j.v . on agreement with the builder he has received
60lacs . balance after construction he is getting one apartment. the guidelines value of the property is 3 crores. how to calculate capital gain .Kindly help
09 January 2016
Refer section 50D of Income Tax Act, 1961.
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