for calculation of long term capital gain, sale consideration value is the amount mentioned in document as final settlement amount or guideline value as per state govt?
3 Replies
Chandrakant Bendre
(student)
(312 Points)
Replied 05 June 2019
Actual amount paid as per registered document.
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 05 June 2019
as mentioned in the registered document.hiwever if govt valuation is more than the sale consideration to gen govt valuation will be taken as sake consideration for computing capital gains
rama krishnan
(12239 Points)
Replied 05 June 2019
actual sale consideration or stamp duty valuation whichever higher is to be taken for capital gain computation
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