16 September 2018
Recently I have sold a industrial vacant plot & after deducting the indexation cost, The long term capital gain is rs.9100000.00 , now I have invested rs. 5700000.00 in a residential flat. I would like to know, how much of rs 57 lakhs will I get as deductions from rs. 91lakhs,While calculating the net taxable amount on capital gains for current financial year. Madan Saraf
17 September 2018
Purchase cost is rs 22lakhs, expances incured rs 18 lakhs , sale consideration is 2.21 Crore . If you need any other information,please let me know. Regards
CAclubindia
