Thursday, March 10, 2016

[Asan Ideas for Wealth] Hello Sir,

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  Meenakshi Warankar , Siddharth Shah and 5 others posted in Asan Ideas for Wealth .       Meenakshi Warankar March 11 at 12:02am   Hello Sir, I have some query, please give your suggestions. Suppose house is bought in the year 1972 for Rs. 50k n d same has been gifted by mother to daughter what is tax liability if the house today is sold for Rs. 1.7 cr. We have to take CII (cost inflation index) what will be this amount? So then i can minus it from d sale amount n v wil get d taxable figure and then what will b d capital gains tax?   Like Comment    
   
 
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Meenakshi Warankar, Siddharth Shah and 5 others posted in Asan Ideas for Wealth.
 
   
Meenakshi Warankar
March 11 at 12:02am
 
Hello Sir,
I have some query, please give your suggestions.
Suppose house is bought in the year 1972 for Rs. 50k n d same has been gifted by mother to daughter what is tax liability if the house today is sold for Rs. 1.7 cr.
We have to take CII (cost inflation index) what will be this amount?
So then i can minus it from d sale amount n v wil get d taxable figure and then what will b d capital gains tax?
 
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