28 February 2018
Hello Experts My client is selling the property and he will purchase the new one within time period. The purchase price as on 01.04.2001 was Rs.17 lac and the indexed cost comes around 46 lac. Now i am confused which price i should take for calculating capital gain. The sale price is approx Rs45 lac. Pl guide me , can we claim loss and take cost after indexation or before indexation . Regards
CAclubindia
