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Answer:
Explanation:
Explanation
References:
https://technet.microsoft.com/en-us/library/hh974722(v=wps.630).aspx
NEW QUESTION: 2
Mukul purchased a flat on 1-4-1996 for Rs. 10,00,000/-. He sells the same flat on 1-102006 for Rs. 25,00,000/-. Please calculate the Indexed Cost of Acquisition on which capital gain would be calculated. (The CII of year 1995-96 is 281, for year 1996-97 is 305, for year 2005-06 is 497 and for year 2006-07 is 519).
A. Rs.17,85,129
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D. Rs.17,26,175
Answer: C
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