Clearance from income tax dept

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 March 2012 whether buyer has to get clearance from IT Dept to purchase property if Registration value is above 25 lakhs.

where I can get index for neutralising value of for capital gains

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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07 March 2012 NO NEED TO 6TAKE CLEARANCE
PL TELL US THE YEAR FOR WHICH INDEX IS REQD

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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08 March 2012 Cost inflation index, for the purpose of capital gains computation ,from the FY 1981-82 to FY 2011-12 is available in https://www.caclubindia.com/forum/cost-inflation-index-table-chart-175456.asp

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C.P.CHUGH

C.P.CHUGH (Expert)
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08 March 2012 There is not such requirement at present for obtaining prior permission to sell a property of any value.