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Benefit of indexation

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(Querist)
17 February 2021 Is benefit of indexation available on sale of office(commercial property). What if depreciation has been provided on office building?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2021 Indexation benefit not available for depreciated assets.
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HIREN JOBANPUTRA

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HIREN JOBANPUTRA (Querist)
18 February 2021 So what to do? whether to provide depreciation or not to provide depreciation to have benefit of indexation?



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2021 Depreciation has to be provided for commercial office property.
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HIREN JOBANPUTRA

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HIREN JOBANPUTRA (Querist)
19 February 2021 Thanks a lot for guidance.

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