Taxability of Real Estate transactions
Taxability of Real Estate transactions
Taxability of Real Estate transactions
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Mode <strong>of</strong> Computation<br />
<strong>of</strong> Capital Gains<br />
Section 48<br />
Full value <strong>of</strong> the consideration received<br />
or accruing as a result <strong>of</strong> transfer <strong>of</strong><br />
capital asset less.<br />
(i) expenditure incurred wholly<br />
&<br />
exclusively in connection with such<br />
transfer.<br />
(ii) the cost <strong>of</strong> acquisition <strong>of</strong> the asset &<br />
the cost <strong>of</strong> improvement there to.