Shri Mahesh Joshi has a house which is let out for residential purpose. He had purchased this house
for `66500 in 2008-09. He sold this house on 15th June, 2019 for `599700. He had purchased some
jewellery in 2008-09 for `73150. On 22nd February, 2020 he sold this jewellery for `6,65,600. You
have to determine the taxable capital gains of shri Mahesh for the assessment year 2020 – 2021.
Cost inflation index rate : 2008–09 – 137; 2019–20 – 289.
Answers
Answered by
0
Answer:
AS INFLATION RATE DECREASES PRICES AFFLIATION rate decreases..Simple formulae
Similar questions