EASYOFFICE
EASYOFFICE
EASYOFFICE

Property recd in gift

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 November 2013 I have received a property in Gift in 2005 and now I am selling it for Rs.20 Lakhs. I want to know Can I claim Indexation Method while Calculating LTCG and what value should I take as a Purchase cost?
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
13 November 2013 Cost to the previous owner will be considered for the purpose of indexation.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
13 November 2013 and yes you can claim indexation.
Upgrade to CAclubindia Pro. Subscribe Now!


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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links