Missed Intra-Head LTCG Setoff: Impact of Section 112 Amendments vs. Section 48

Prahlad Raykar , Last updated: 18 February 2025  
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When there is sale of two Properties say Flats, during the FY 2024-25 one in June 2024 and one in Dec 2024, where both the property has LTCG if Indexation is not used, whereas if Indexation is used the first house property has a Long Term Capital Gain and Long term capital Loss. As per the current

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Prahlad Raykar
(Director Finance)
Category Income Tax   Report

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