Capital gain
RAJAT SINHA (SENIOR ACCOUNTANT) (51 Points)
07 July 2017RAJAT SINHA (SENIOR ACCOUNTANT) (51 Points)
07 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 07 July 2017
What was the price of the flat as per stamp duty valuation...... or guidance value w.r.t. sub-registrar office?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 07 July 2017
If you mean to say Rs. 70 lakhs was its guidance value........
Based on indexed cost of flat comes to 272/117*18,38,600 = 42,74,350/-
Hence capital gain would be 27,25,650/- [less any expenditures related to sale].