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assessment of trust

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(Querist)
14 April 2010 please tell me that can a trust cosider indexed cost while calculating his capital gain income
please reply with proper supporting
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 April 2010 Supporting:-
Explanation (ii) to section 11(1A) of the Income tax Act,1961.
Answer:-
Indexation is permitted.

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