Op wdv 4,48,772
sale value 9,14,000
new shop purchased for 28,54,340
is capital gain tax is applicable? or we can consider new shop value while calculating capital gain ?
can u please tell me section/provision?
Is Shop value without land cost?
Capital gains liability arises over sale of old shop.
By purchase of new shop, no deduction availlable over the capital gains liability.
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