Sir, For calculation of capital gain from sale of inherited property: - WHAT AMOUNT SHOULD BE TAKEN AS COST for calculation of gain?? My father was a filer he had shown this property in income tax return on COST. KINDLY MENTION REFERENCE OF INCOME TAX ORDINANCE 2001. What amount should i take in welath statement after inheritance??
Inherited property ki cost kia ho gi return main. Aik dukan 55 lac main ham warisan nay baichi hay kia hamain poori amount ka 15 percent tax daina paray ga
What about a property which is 100 years old,what will be cost of this if third generation want to sell this inherited property?
Sir,
For calculation of capital gain from sale of inherited property:
- WHAT AMOUNT SHOULD BE TAKEN AS COST for calculation of gain?? My father was a filer he had shown this property in income tax return on COST. KINDLY MENTION REFERENCE OF INCOME TAX ORDINANCE 2001. What amount should i take in welath statement after inheritance??
Inherited property ki cost kia ho gi return main. Aik dukan 55 lac main ham warisan nay baichi hay kia hamain poori amount ka 15 percent tax daina paray ga
Nobody knows. There's total confusion on recording the cost value of inherited property for the purposes of calculation of gain tax
@@PakPunjabi Okay Jazakallah khair 🙏
4:48
@@zafarelahi5998 Samaj naheen aai