Question

(10.15
16. In May 2006 Ram purchased gold for * 6,10,000. He sold this gold in June 2018 for 31,15,00
and paid brokerage 15,000. He does not have a residential house so he purchased
residential house in September 2018 for 35,00,000. The cost inflation index for 2006-07 was
If Ram sells this residential house for 37,00,000 in June 2019, compute taxable capital gains
Compute the Capital
Ans. 3,20,000.
122 and for 2018-19 it was 280.
Find out the capital gains chargeable to tax for the Assessment Year 2019-20.
for the Assessment Year 2020-21.​

Answer 1

Answer:

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