Long term capital gains - The assessee inherited the said flat ...

Inherited Flat Mortgage Interest Considered Acquisition Cost, Affecting Long-Term Capital Gains Calculation.

October 12, 2018

Case Laws Income Tax AT

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.

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Long term capital gains - The assessee inherited the said flat ...

Inherited Flat Mortgage Interest Considered Acquisition Cost, Affecting Long-Term Capital Gains Calculation.

October 12, 2018

Case Laws Income Tax AT

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