Indexation of the sale of foreign capital assets
This query is : Resolved
21 February 2008
Please tell me that weather the indexation is applicable on the sale of foreign capital assets in india.
21 February 2008
Yes.Indexation is applicable for long term capital assets subject to the provisions of section 48
Yes.Indexation is applicable for long term capital assets subject to the provisions of section 48
21 February 2008
IF CAPITAL ASEET IS LONG TERM CAPITAL ASEET THAN INDEXATION IS APPLICABLE
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