Cost of Acquisition of plot sale

ITR 145 views 2 replies

Cost of Plot as per Deed Rs.20 L

But Bank Purpose for CC Renewal Cost of Plot Corrected and Stamp Duty paid ( Correction Deed Rs.25L)

and Plot are sold Rs.21L 

the question is Cost of Acquisition which to be consider for capital gain calculation

Replies (2)
You have to considered cost of acquisition as RS.20 lakh i.e. value you actually paid for purchasing such plot.
20 lakhs rupees should be cost of acquisition


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register