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Query :LTCG on sale of House property   Message List  
Reply | Forward Message #12829 of 14274 |
Hi!

Would appreciate if some one can pl help me with the following:

I had paid Rs 50,000 as one time maintenance deposit to the builder
when I bought my flat .This was then subsequently transferred to the
housing society.

Now I have sold my house and this deposit has got transferred in the
name of the buyer automatically .

Can this amount be taken in "Cost of acquisition" and indexation
benefit availed on the same.?

Is there any relevant section/ case law which would help to answer
this.



Thanks and Regards
Minoti





Fri May 2, 2008 9:40 am

minoti007
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Message #12829 of 14274 |
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Hi! Would appreciate if some one can pl help me with the following: I had paid Rs 50,000 as one time maintenance deposit to the builder when I bought my flat...
Minoti
minoti007
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May 3, 2008
10:42 am
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