Capital Gains Claim on Land
This query is : Resolved
11 August 2024
Can Capital Gains be claimed against a land acquired in a period prior to the current sale(sale of apartment), is the claim limited to only construction costs on the land post sale of apartment?
13 August 2024
1. Yes, if purchased within 12 months before sell of apartment.
2. No, total cost of house with land if condition as stated above is satisfied.
2. No, total cost of house with land if condition as stated above is satisfied.
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