06 July 2023
When I received Cap Gains statement for the UTI ULIP matured, it was found that the indexed cost of acquisition for units purchased ( not BONUS) before 2000 was taken as ZERO.
This has resulted in the Indexed cost of such units LESS than the actual cost and the LTCG with indexation has been inflated due to that.
Is it correcd ? For UTI ULIP units purchased till Dec 1999, what shall be indexed cost ?
CAclubindia
