1. I have inherited a immovable property at urban area in 1986 and I have sold it in September 2016.
2. I have purchased a immovable property at urban area in 2008 and sold it in October 2017
For the above given points what would be the capital gain tax indexation method ? Please solve my query
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Capital gain tax query
Replies (2)
1. Base 1981-82 as 100 & 2016-17 as 1125.
2. Base 2001-02 as 100 & 2017-18 as 272.
1.Should know the FMV in 01-02 then compute indexation
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