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Tribhuwan Pratap Gupta (Advocate)     14 March 2015

Capital gain tax

I will be highly obliged if some exert let me know about capital gain tax and calculate it for me as per details given below :-

Year of purchase of plot . 1988 cost Rs.10,000 /- (Ten thousands)

construction of house in 1989 cost of construction Rs. /-  (Two lakhs)

cost of improvements in 1991 cost 1,00000 /- (One lakh)

 expecred cost of broker charges and transfer cost  Rs 4.00,000 (Four lakhs )

intended to sell in March 2015 expected amount expected to flach  Rs. 1,90,00000 /- (one crore ninety thousand )

       Total capital gain amount ?



 4 Replies

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     15 March 2015

My sincere advice to you is to consult a good Chartered Accountant and get the tax issue resolved. It is a matter relating to CA and not a matter to run to a Lawyer.

Advocate R Gupta (Advocates)     15 March 2015

Were you from... He if from Delhi call me at 9811027749

CA. Kanj Goel (Owner)     16 March 2015

Call me on 9015980399 or send me mail on kanj3101@gmail.com will send you detailed wotking.



CA Kanj Goel

T. Kalaiselvan, Advocate (Advocate)     17 March 2015

You may consult a CA or an auditor or a local tax consultant for proper guidance in this regard.

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