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Capital gains

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(Querist)
30 June 2015 A PVT LTD CO HAS PURCHASED MIDC LAND IN ITS OWN NAME 5 YEARS AGO NOW THEY WANT TO SELL IT CAN A PVT LTD CO AVAIL OF COST INDEXATION FOR CALCULATION OF CAPITAL GAINS. KINDLY REPLY
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Ankur Singhal

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Ankur Singhal (Expert)
30 June 2015 Yes Pvt. company can avail cost of indexation as the asset is long term asset.

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