Question

Problem 15.
Taxable Capital Cain
4 1985-
$
10
2017
1300 000
117 148 272
Madhuri Dixit purchased some shares for Rs. 1.50.000 in 2005-06. She
guted these shares to Y in 2009-10. The fair market value of the shares on the
date of gift was Rs. 4,00.000. Y sold the shares on 10th December 2017 for Rs.
13,00,000. Determine the taxable capital gains in case of the cost intation
index in 2005-06, 2009-10 and 2017-18 were 117.148 and 27 respectively.
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Answer 1

Answer:

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