Accountancy, asked by gargisharma65, 1 year ago

Mr. Sudesh sold his house on 1st may 2010 for `12,00,000. This house was purchased by his father
in 1960 for `50,000. Mr. Sudesh got this house in inheritance on the death oh his father in 1977-78.
On 01.04.1981 fair market value of this house was `1,50,000. On 1st December 2010 he purchased
another house for `2,50,000. For his assessment year 2017-18 calculate his capital gain.

Answers

Answered by Navaldeepsinghrajput

0

i think the capital should be 1450000

deepika207: You solve this question briefly

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