section 50c

This query is : Resolved 

27 May 2009 sale consideration 400000
cost of acquisition 100000
stamp value 500000
amount invested 400000

how much amount is exempted (amount invested out of gain)?

27 May 2009 Amount Rs. 4,00,000.00 is considered for exemption.

Do not confused with Section 50 C and provisions related to exemption of amount

27 May 2009 Agree with the expert.


27 May 2009 But ultimately full value of consideration will be taken as 5 lacs only.



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