Question

12.A. From the following details calculate capital gain.
i. Sale consideration of residential house ₹25,00,000 on 26.10.2019 (CII:
289)
ii. Cost of acquisition of the house on 01,08.2008 is _ 7,02,000 (CII: 137)
iii. Mew residential house acquired on 2nd February 2020 is ₹ 7,50,000.
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Answer 1

Explanation:

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