DEAR MEMBERS
My q is related with long term capital gain.
one of my client purchased a property in dlf on installment basis on 05/04/2009, he recieved allotment letter on 15/04/2009.
details of installment are mentioned below
14/10/2009-800000
4/10/09-- 800000
13/8/09- 800000
14/7/2009- 80000
25/6/10 800000
28/3/11 800000
14/1/2012 80000
15/5/2012 800000
18/9/2012-- 800000
last installment on 1/12/2012- 800000
date of selling without possession- 1/62013 for rs-1.35 crore
I want to know whether i treated that as ltcg or stcg. If treatment is ltcg then what is the process of calculation of index value..?????
Please reply fast