Answered step by step
Verified Expert Solution
Question
1 Approved Answer
11. Miss Isha has 1,000 10% Debentures of X Ltd. acquired on 17/04/2009 for 120 each. As on 1/02/2021, she sold such asset for 1,45,000.
11. Miss Isha has 1,000 10% Debentures of X Ltd. acquired on 17/04/2009 for 120 each. As on 1/02/2021, she sold such asset for 1,45,000. Brokerage @ 72 % of sale value was paid by her. Compute capital gain
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started