17 July 2013
Yes. long term capital asset indexation of cost of improvement also available. you can take base year as improvement year to arrive the indexation cost
18 July 2013
wanted to confirm in this case, wether it is available altough 36 months has not passed for improvment cost since it is done and asset is sold out
18 July 2013
for calculating shorterm or long term you can calculate the 36 months calculation, once the asset is Long term, cost of improvement also an be eligible for indexation