One Time lease Deposited Does form Part of Cost of Imporvement for Capital Gain Purpose
This query is : Resolved
11 September 2024
Dear Sir,
We have sold a land for that we have deposited one time lease with UIT can we consider it as cost of improvement for calculating Capital Gain For Ay 2024-25
We have sold a land for that we have deposited one time lease with UIT can we consider it as cost of improvement for calculating Capital Gain For Ay 2024-25
12 September 2024
Yes. if it is for long lease. You may have transferred lease right.
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