Q1
Dlc around 14.8 L
sold @ 14.5
Is it fine to show @ ITR 14.5 lakh
Or should i show dlc rate 14.8
Q 2 made 2.7 Lakh payment through cheque and got receipt of commission (dalali)
2.7 lakh is okey to get exemption in capital gain
Q 3
Planing to get 10 lakh NHAI BOND
SO 10 + 2.7 = 12.7 Is capital gain free income
I made a wall on 2010 on that land and paid 2 lakh in cash
Alloted land in 2009 got patta (Lease dead) in 2016
In 2009 everyone doing transaction in cash so
Can get a receipt who made wall in 2010
of 2 lakh work in cash
(The cost of land is nothing )
CAclubindia
