NRI Indexed Cost And Cost Of Improvement FY 2024-25
This query is : Resolved
23 March 2025
Sirs. FY 2024-25. NRI not allowed for indexed cost after July 23 2024. Whether cost of improvement allowed to claim. NRI s property was gifted by parents before 2001. Is this property also indexed cost not eligible. Pl advise
23 March 2025
Yes, cost of improvement is allowed; but without indexation.
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