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SWETA SINHA (LA)     12 August 2015

Tax treatment in sale of resi falt

Pl guide me inthe capital gain and its treatment for taxation purpose, as attached in the file


 1 Replies

VARUN MAHAJAN (Proprietor)     12 August 2015

This is the way, but you should go to an Tax Advocate as such



Full value of consideration (i.e., Sales consideration of asset)


Less: Expenditure incurred wholly and exclusively in connection with transfer of capital asset (E.g., brokerage, commission, advertisement expenses, etc.)


Net sale consideration


Less: Indexed cost of acquisition (*)


Less: Indexed cost of improvement, if any (*)


Long-Term Capital Gain



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