If sale of a portion of property then how to calculate coa

Tax queries 364 views 3 replies

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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Replies (3)

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.

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?

dear sir

     as above.

thanks


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