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Capital Gain on Property indexing

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(Querist)
25 July 2024 Can indexing benefits on Sales of immovable property which was acquired before 01.04.2001 say acquired in 1975 received now in legacy or say by way of Gift?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 July 2024 Indexation applicable when you sale the property, not at the time of receiving it under inheritance or gift..

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