income tax

Capital Gain Can be calculaed on sale of flats & stamp duty paid on sale (transfer cost) has been less from Sale Consideration.

&

Other Sources & House property Income can be cacluated Simply as well as individual

thanks himanshu.....can we use section 44 AD in this case???
 

stamp duty paid by huf will reduce the amount of sale consideration while calculating the capital gain

Section 44AD can Be applicable for Civil contractor