Amount paid to relinquisher can be treated as coi?

yogesh kumar dass (Querist) 02 July 2019 This query is : Resolved
Hello,

Kindly advice whether the amount paid BY persons to whom favour right have been relinquished (conveyance deed registered persons) TO persons who relinquished their right (other Family member) on sale of immovable property (ancestral Property), can be treated as Cost of Improvement in capital gain taxation?

Please advice!

Thank you.

Follow Query

Report Abuse

KISHAN DUTT KALASKAR (Expert) 02 July 2019
Dear Sir,
Please contact expert chartered accountant.

R.K Nanda (Expert) 02 July 2019
contact tax lawyer.
for it.

kavksatyanarayana Online

(Expert) 02 July 2019
Dear querist, yes. contact CA of your area or post the query in CAclubindia.

Dr J C Vashista (Expert) 03 July 2019
I endorse advise of experts.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Member Strength 981635 and growing..

Stay updated with latest Posts!

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify