ANKIT AGGARWAL (5 Points)
27 July 2019Hello Everyone out there,
I have a question. Actually my client had purchased property. conveyance deed is dated 15.12.2018, Agreement to sell is dated 24.04.2008. Allotment letter dated 29.07.2009 and possession letter is 21.12.2016. Payment for purchase of property started from 24.04.2008. We are confused now. What should be the indexation year. Whether we should take indexation year? From payment date or possesion date or agreement date? Please help.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174763 Points)
Replied 27 July 2019
On safer side take 21.12.2016.
ANKIT AGGARWAL
(5 Points)
Replied 27 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174763 Points)
Replied 27 July 2019
Well, right in the property was acquired from date of agreement itself, (provided registered); or from the date of allotment, so any of these two may also be considered.
ANKIT AGGARWAL
(5 Points)
Replied 28 July 2019
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