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Capital Gain on Inami Land / Nazarana Land

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(Querist)
09 August 2023 Is capital gain is chargeable on sale of land received as inam / nazarana as there is absence of cost of acquisition for the same...???
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
09 August 2023 Yes, the cost of acquisition would be nazarana paid to state government for regularization of the ownership.

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