Indexation
Vedangi Deshmukh (112 Points)
20 November 2017
on which assets indexation benefit is not allowed ??
7 Replies
Vedangi Deshmukh
(112 Points)
Replied 20 November 2017
what is provision regarding sovereign gold bond
plz tell section no for referrence
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
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%
Sunil Ahmad
(Student)
(1511 Points)
Replied 21 November 2017
I think for bonus shares also..is it correct
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