Legal Question in Tax Law in India

Sir,

I am in a process of selling a residential piece of land. However, in the previous year 8th March 2009 I had got a wall constructed for the safety of the property and got two gates put for security reasons.My question to you was that if i wish to avail tax exemption while computing the capital gains tax, then what proofs would i require that I had borne the cost of construction before the registration of sale deed.

Also I wish to deduct brokerage fess while computation of capital gains tax. In that case what proof should I have that proves that the payment has been paid to the broker?

Thanking you


Asked on 8/25/10, 1:05 am

1 Answer from Attorneys

Fahri Toga TOGA//OKSUZ

Dear contactor thank you for contacting us.

We have just received your message. For giving a precise and a detailed answer please send to us on the following e-mail address more information and the document regards this problem. We will be able and available to answer any of your questions. So if you will have any question please do not hesitate to contact us.

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Best regards and best wishes.

Attorney at Law

Fahri TOĞA

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Answered on 8/25/10, 5:52 am


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