Accountancy, asked by rajeshrj4799, 3 months ago

Mrs. Rani furnishes the following information :

Particulars Shares in A Ltd

Date of purchase 01.02.2018

Date of sale 05.10.2018

Cost of purchase Rs. 50,000

Expenses on purchase Rs. 1000

Sale value Rs. 1,00,000

Expenses on sales Rs. 1,000

Compute capital gain.​

Answers

Answered by rajeevgupta39
16

Explanation:

Mrs. Rani furnishes the following information :

Particulars Shares in A Ltd

Date of purchase 01.02.2018

Date of sale 05.10.2018

Cost of purchase Rs. 50,000

Expenses on purchase Rs. 1000

Sale value Rs. 1,00,000

Expenses on sales Rs. 1,000

Compute capital gain.

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