13 February 2019
I have acquired a property by inheritance in Bangalore from my father in Sep 2018 by Khatha transfer after my father expired in in Apr 2018.
The property was acquired by my father in the year 2000.
I have subsequently sold the property this year in Jan 2019.
Can I avail indexation benefit for the computation on Long terms capital gains? Is there any bearing of the calculation of ltcg on the term of my holding the property?
CAclubindia
