Mr. Shyam, a property dealer, sells a commercial plot of land on 1.03.2021 for 3
Rs.100Lakhs which was acquired by him on 1.08.2018 for Rs.25,00,000 for selling of offices
constructed therein. He had incurred land development charge of Rs.10,00,000 on
1.10.2018.He incurred Rs.50,000 for selling the plot of land. Compute CG for AY 21-22.
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Answer:
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Explanation:
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