09 August 2010
Q1) is benefit of indexation always allowed in case of shares ,debentures whether listed ,unlisted i.e. are they always eligible for indexation benefit?...what are the specific circumstances where benefit of indexation is not at all given.. Q2)when some assets(depreciable) are sold from the block then we calculate cap gain as a whole..is here sec50still hold good?because sec50is applied when all assets are sold from the block.. Q3)in case of depreciable assets if long term gain/loss arises then does sec48 holds good??
CAclubindia
