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CA Inter doubt

Will the advance money which is forfeited by the 2nd owner have to be reduce from cost of acquisition?

Image attached to the doubt: Will the advance money which is forfeited by the 2nd owner have to be reduce…

Asked by Gaurav22 Dec 2025985 views

2 answers

  1. Harsh · 22 Dec 2025

    Before 1.4.2014 reduce from coa, after 1.4.2014 then tax under IFOS

  2. Anjali · 22 Dec 2025

    No

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