A land is sold in fy 19-20 in the second quarter.It is long term capital asset.The cost of improvement was incurred before 9 years.
So no books are available currently.
For its supporting.So is there can be any issue in claiming indexation cost.Can any reference of act or judgement is available to make our point strong.
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Indexation on LTCG
Replies (2)
One of the possible solution is to get the property valuation done
Thanks for response. But how this will help
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