Q no.16 me Mr Dinesh ko land as a gift mili hai na toh Jo gift milti hai us par toh Capital gain calculate hi nhi karte to par iske answer me calculate Kiya hai

Priyanshu · 27 Nov 2024

In case the asset is acquired through a mode given in section 47 that is gift, will,etc. then COA will be the cost to the previous owner who paid for the asset and period of holding shall be computed from the date previous honour acquires the asset and COI incurred by previous owner shall also be taken if improvement is done on after 1 April 2001.