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Indexation in capital gains

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(Querist)
05 January 2014 what is d advantage of indexation in capital gain??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 January 2014 It is basically to arrive the cost of acquisition in current value. it will give advantage of calculating correct Capital gain
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CA. Brijesh Baranwal

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CA. Brijesh Baranwal (Expert)
06 January 2014 This may be helpful in reducing tax liability also.
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