Wednesday, June 25, 2014

[aaykarbhavan] In case of sale of an under construction building, projected cost of completion to be taken as cost of acquisition




In case of sale of an under construction building, projected cost of completion to be taken as cost of acquisition

June 25, 2014[2014] 45 taxmann.com 434 (Delhi)
IT : Capital gains arising out of sale of property under construction is to be computed by taking projected cost of construction and not merely on cost till date

 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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