Cost of Acquisition

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..... Dear All, I have a query regading cost of acquisition for Capital gain. According to will, a man had tranfer his house to her wife but she cannot sell the property. After the death of wife the prope .....

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..... rty can be sold by 2 brothers. If the house is sold by sons then 1/7th of the sale proceed will be given to her daughter. Is this be included as cost of acquistion in the hand of sons... - Repl .....

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..... y By GOPALJI AGRAWAL - The Reply = No not at all as it is just the direction in the will for sharing the propery or the benefits derived from the property. - Cost of Acquisition - Query Started By: .....

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..... - Vikas Malhotra Dated:- 3-2-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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