13 June 2022
PAYMENT FOR THE FLAT WAS STARTED IN 2010-11 AND IT WAS COMPLETED ON 2017-18. REGISTRY WAS MADE IN 2017-18. NOW WE WANT TO SELL THE FLAT THEN FOR THE PURPOSE OF CAPITAL GAIN INDEXATION WILL BE DONE ON THE BASIS OF 2010-11 OR 2017-18?
14 June 2022
if land was alloted in 1997 and construction was done on it and in 2000 sale deed was made then now for the purpose of capital gain indexation to be done on which basis 1997 or 2000?
14 June 2022
thank you so much sir then please tell me the CII for the fy 1997-98 and fy 2022-23..CII was changed in budget 2017 so we have to take as per budget 2017?
14 June 2022
Take CII of 1997. However, in the case of immovable property you have the option to take FMV as on 1.4.2001 or actual cost whichever is beneficial.
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