Land received in the year 1948 as a gift
Cost-0.00
Sale of land in the year 2015 by my father at Rs 10000(eg)
what will be my capital gain??
1 Replies
Minesh Rawat
(Article)
(199 Points)
Replied 07 January 2016
Cost of the previous owner and use indexation for 1981 of 100 and deduct it from sale consideration u will come to know capital gain
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