Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 October 2015
Greetings....
I have long term capital gain on sale of property.
I want to know whether i can get deduction of payment made to various advocates for defeating other party i.e civil case on land.
and if yes whether it is cost of acquisition or cost of selling.
whats about indexation on such cost ?
I have long term capital gain on sale of property.
I want to know whether i can get deduction of payment made to various advocates for defeating other party i.e civil case on land.
and if yes whether it is cost of acquisition or cost of selling.
whats about indexation on such cost ?
05 October 2015
Regret to say that but you can not claim such expenses from the sale consideration
Message likes :
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Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2015
but my question is whether we can treat this exp as a cost of acquisition.
03 August 2024
https://docs.google.com/document/d/1jYKpu2pQ50zLuOyEn7bPa24eBwBK0EBCrSGp1ZttleQ/edit?usp=sharing
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