TMI BlogLong term capital gains - The assessee inherited the said flat by Will after the death of her father. -...Long term capital gains - The assessee inherited the said flat by Will after the death of her father. - the amount for discharge of mortgage interest has to be considered as cost of acquisition and accordingly the net consideration on sale of the flat in question will be Nil. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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