Capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 January 2012 A Purchased a property for Rs. 1 lac in year 2001-02. He gifted this to B in 2010-11. B sells it for Rs. 10 lacs in 2011-12.

How indexation will be calculated.


12 January 2012 The Indexation benefit will available only upto the year of transfer (by the Mr.A) in the present scenario Yr.2010-11.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 January 2012 Thanks for ur reply..
but can u please explain me the way of calculation..




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries