Question

Mr.varma purchased a plot in 1986-1987 for Rs140000. It was sold on 15-1-2013 for Rs 1580000 and he paid Rs100000 as brokerage. He invested Rs 200000in NHAI bonds on 31-3-2013 and Rs 310000 in bonds issued by Rural electrification corporation Ltd. On 1-8-2013. Compute his taxable capital gain, if the CII for 1986-87 was 140 and for 2012-13 is 852

Answer 1

Answer:

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Explanation:

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