If we puchase long term capital asset in 1985 for 100000 and FMV on 1,1,2001 is 90000 then we take 90000 for indexing but 90000×317(C.I.I. of the year of trasfer)/which value of(C.I.I. ) ...........anyone help me
according to the provision, if the asset is purchased before 1st of APRIL, 2001, then for the purpose of indexing, we shall take original cost OR fmv AS ON 1/04/2001- WHICHEVER is HIGHER. So, acc to your question, we will consider the cost of purchase as on 1985 as it is higher than fmv on 1/4/2001.
Sir mujhe pehle cost and tax se dar lagta tha jab se aap video dekhe hai ab mujhe bahut accha samajh aa raha hai Thanks so much sir
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question 6 answers is ( LONG TERM CAPITAL GAIN = 410000)
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Sir covered full chapter in their playlist??
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question 9 answers is ( LTCG = 569243)
Sir capital gain assessment year me he kyu calculate karte h
very nice
Sir agr que a agaya short capital asset kya ho hta h to kya ye sb like
Sir security ( other than units) me ..... units ka matlab kyaa...can anybody tell me!
When we buy mutual fund, we get units of that fund not shares . I hope ur doubt is clear now
If we puchase long term capital asset in 1985 for 100000 and FMV on 1,1,2001 is 90000 then we take 90000 for indexing but 90000×317(C.I.I. of the year of trasfer)/which value of(C.I.I. ) ...........anyone help me
according to the provision, if the asset is purchased before 1st of APRIL, 2001, then for the purpose of indexing, we shall take original cost OR fmv AS ON 1/04/2001- WHICHEVER is HIGHER.
So, acc to your question, we will consider the cost of purchase as on 1985 as it is higher than fmv on 1/4/2001.
@@nihithapulla2029 abhi toh mai last year me a gya😁ab toh hme GST hai
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sir rtp mtp k questions kab karaenge?
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Sir 2022-2023 ka index no. Kitna h
question 7 answers is ( SHORT TERM CAPITAL GAIN = 175000)
question 8 answer hai ya
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