Indexed cost if improvements!
Abhinav Jain (Student) (36 Points)
01 December 2013Abhinav Jain (Student) (36 Points)
01 December 2013
Mihir
(Wealth Manager)
(5293 Points)
Replied 02 December 2013
Improvements made within 3 years before selling the capital asset will not get indexation.
Vishal Thakur
(Job)
(48 Points)
Replied 09 December 2013
It is the period of holding of capital asset to decide whtr the capital asset is long term or short term and accordingly indexation will be provided to cost of acquistion and cost of improvement, not the year in which cost of improvement is incurred.........