Long term capital method of dlc purchased value & dlc sales
This query is : Resolved
18 January 2016
please advise me for calculate long term capital gain method of purchased value low and dlc purchased value high & also sales value low and sales DLC rate is high,the assesee opting dlc purchased value and dlc sales value,than what position of calculation method
20 January 2016
If DLC value is adopted by stamp value authority, this is the minimum value to be taken as full value of consideration u/s 50C of the Income Tax Act, 1961 for computation of capital gains.
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