Buying rate calculation for calculating capital gain

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  1. Dear Sir,
    What is the amount by seller,
    1.Basic rate on which the flat has been taken(& generally registration is done) or total amount to the builder paid
    2.Loan interest amount is taken into account anywhere or service tax paid is taken into account
    3.I have heard from colleagues that it is the amount as per circle rate on which the registration is done. (means cost at which registration is done + registration charges)
  2. rudrabose

    rudrabose Active Member

    1. The rate at which registration has been done would be considered as the purchase price
    2. Service Tax would be added to the purchase price. Loan interest would not be added to purchase price
    3. Yes, it is the price at which the registration is done + the registration charges
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