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Capital Gain and Loss

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(Querist)
27 July 2023 Hi,

What should be the accounting effect for Capital gain and Loss ?

Should I consider Grandfathering cost in Accounting ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 July 2023 No grandfathering effect in accounting. There the capital gain will be as actual.
Only during calculation of tax liability, the grandfathering plays in.

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