B S Dwarakanath (manager) (81 Points)
23 August 2014Dear sir
My son bought a flat for Rs 9 lakhs on the year 2005.The total cost for him is coming to Rs12 lakhs,considering the bank interest.He wants to sell it for Rs24 lakhs now.what is his capital gains? Also tell me how to calculate the cost of indexation.
thanks in advance
Dwarakanath
Ashish Tewani
(CA Final Article at V.P. Mehta & Co.)
(83 Points)
Replied 23 August 2014
Here you go: 
CAclubindia
