Capital gain

This query is : Resolved 

18 July 2012 ONE OF OUR CLIENT IS SELLING HIS HOUSE PROPERTY WHICH WAS ACQUIRED ON F.Y.-1994-95 AND THE POSSESSION WAS RECEIVED IN THE SAID YEAR ITSELF. BUT THE REGISTRATION OF FLAT WAS ONLY DONE IN THE F.Y-2000-01. NOW WHILE COMPUTING LTCG COST OF ACQUISITION SHOULD BE TAKEN FROM WHICH F.Y. ALSO WHAT IS THE INDEXATION OF THE CURRENT F.Y.

19 July 2012 as per my opinion it should be from 94-95
please have concern with other Experts



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