plz tell me if i sale a portion of property then how to calculate cost of indexed acquition for LTCG purpose ?
i will be gratful to you
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rajkumar goyal (manager) (67 Points)
16 December 2015plz tell me if i sale a portion of property then how to calculate cost of indexed acquition for LTCG purpose ?
i will be gratful to you
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Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 16 December 2015
what do you mean say by portion of property. Can you please elaborate it a bit so as to have some understanding of the case.
rajkumar goyal
(manager)
(67 Points)
Replied 16 December 2015
sir
i mean if i sale today 5% portion for rs 2 lac of a land from front side or back side & COA is rs 5 lac for full plot in 2007 .then what will be the COA for saled plot & LTCG?