Indexation

20 November 2017

on which assets indexation benefit is not allowed ??

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7 Replies

Sankalp Jain (39 Points)
Replied 20 November 2017

debentures , deposit, short term.

Vedangi Deshmukh (112 Points)
Replied 20 November 2017

what is provision regarding sovereign gold bond
plz tell section no for referrence

Sankalp Jain (39 Points)
Replied 20 November 2017

refer section 48 for indexation, if gold sovereign bond issued by government and it is long term than indexation is allowed otherwise no indexation

Vedangi Deshmukh (112 Points)
Replied 20 November 2017

thank you so much

Sankalp Jain (39 Points)
Replied 20 November 2017

indexation is not allowed on following items i.e. slump sale, depreciable asset, bonds and debentures, one who opt sec 112 tax rate of 10%

Sankalp Jain (39 Points)
Replied 20 November 2017

no need, you helped me earlier as I did.

Sunil Ahmad (Student) (1511 Points)
Replied 21 November 2017

I think for bonus shares also..is it correct

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