CAPITAL GAIN
This query is : Resolved
02 September 2020
Dear All,
From which date benefit of index be allowed on long term capital gain on sale of flat?
Is it from purchase deed date or can i claim it from the date of advance payment?
I have paid advance to builders in 2010 while purchase deed is executed in 2014.
Thanks
Nirmal Dave
From which date benefit of index be allowed on long term capital gain on sale of flat?
Is it from purchase deed date or can i claim it from the date of advance payment?
I have paid advance to builders in 2010 while purchase deed is executed in 2014.
Thanks
Nirmal Dave
02 September 2020
Dear Mr. Nirmal Dave
Indexation benefit will be available to you on every payment made, i.e, if you have paid advance in 2010, that advance money will be indexed with index no. of 2010 and so on.
Indexation benefit will be available to you on every payment made, i.e, if you have paid advance in 2010, that advance money will be indexed with index no. of 2010 and so on.
05 September 2020
Ok Thank You Sir for your valuable reply.
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