Capital gain

Tax queries 201 views 1 replies

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??

 

Replies (1)
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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