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Enhancement of the flat value

(Querist) 01 June 2017 This query is : Resolved 
I have registered my bare flat for Rs 15 L. I have spent another Rs 5 L on the interior and furniture . Can I add this amount to the flat value so that later , when I sell the flat ,I need to pay CG only if the selling price exceed Rs 20 L ( 15 + 5 ).
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Rajendra K Goyal (Expert) 01 June 2017
Discuss with local tax consultant.
Kumar Doab (Expert) 01 June 2017
Your local Tax consultant/CA can help you.
Kumar Doab (Expert) 01 June 2017
The query can also be posted at:

www.CAclubindia.com |

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