Question

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.​

Answer 1

Answer:

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