Capital gain

Believe in Yourself (article) (139 Points)

13 September 2012  

Plz reply whether CG arises on this or not.

Office Building

Opening Rs 9304925.48

Additions Rs 9347902.66 (a bldg purchased)

Office building added during the year are sold in the same month(in which it is purchased)  for Rs 13336875

Plz reply whether CG arises if yes then relevant section under which it arises, and if not then also the relevant sec.

Thanks in Advance.