Dear All
An NRI has sold the house ( which is a long term capital asset).
Is indexation benefit available on sale of flat to NRI.
Please Reply
Rajesh Poddar
Email: rajeshpoddarceo @ yahoo.com
Rajesh Poddar (Chartered Accountant) (321 Points)
21 August 2010Dear All
An NRI has sold the house ( which is a long term capital asset).
Is indexation benefit available on sale of flat to NRI.
Please Reply
Rajesh Poddar
Email: rajeshpoddarceo @ yahoo.com
Ashish Ojha
(Chartered Accountant)
(469 Points)
Replied 21 August 2010
Yes, the benefit is available