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The GrandFather Provision of 112 A

Sir in the last question of the module In case of sridharan SALE VALUE- 3000 FMV- 4500 COST- 2000 sir we took the value of cost for cost of acquisition we resulted in gains of 1000 per share share Sir can we take indexed cost of acquisition in the cost of acquisition so that we can reduce the gains


aman kawad

aman kawad

CA Inter

7K+

09-Jul-20 11:53

74

Answers (1)

For section 112A indexation benefit is not available also resultant capital gain is taxable at 10% rate.


KEERTHI PRIYA

KEERTHI PRIYA

CA Inter

695

09-Jul-20 14:05

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