Accountancy, asked by spanicker1998, 1 month ago

On 15th November 2018 Mohan Sold 1 kg. of Gold for 4,50,000. He acquired the gold on
18 August 1978 for 62,000. Fair market value of gold on 1 April 2001 was 64,000. Find out
the amount of capital gain chargeable to tax for the assessment year 2019-2020 using CII for
2018-2019 as 280 and 2001-2002 as 100.

Answers

Answered by numanreja123
2

Answer:

57,60,000 this is the answer

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