05 August 2011
we purchased land in 2004 & sold it in 2010 for which payment is made in instalments every year. So, how can i calculate capital gain or how to do indexing
05 August 2011
I ASSUME U ARE GETTIM=NG THE SALE CONSIDERATION IN INSTALMENTS IF U HAVE HANDED OVER THE POSSESSION OF LAND ENTIRE CONSIDERATION WILL BE TAKEN AS ACCRUED IN 2010 INDEXATION WILL BE DONE ACCORDINGLY IN 2010
CAclubindia
