Easy Office
Easy Office

Long term capital gain on propperty

This query is : Resolved 

06 March 2018 Sir
I had purchased the immovable property in 2002 and selling the same in 2018. My cost was approx 300000/-. My question is whether I can take the same value for indexation for calculating capital gain or I have to get the valuation as per 2001?
Please advice.
Regards

06 March 2018 Yes you can take the same value for indexation for the purpose of capital gains calculation.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries