Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

Capita gain

This query is : Resolved

Share Report Follow Query Ask a Query

Bhola Muraw

Bhola Muraw (Querist)
Follow

19 August 2014 Dear All
One of my client buy a land in 1991 and he constructed a building on that land in 1992. Now in 2014 he sold the property. My question is form which year indexation will be applicable for calculating capital gain or can we apply separate indexation for land & Building?

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

19 August 2014 use separate indexation for land and building.

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

19 August 2014 use separate indexation for land and building.

Bhola Muraw

Bhola Muraw (Querist)
Follow

19 August 2014 That means for Land indexation year will be 1991 and for building indexation year will be 1992.

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

19 August 2014 yes

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

19 August 2014 yes

Rupesh Jain

Rupesh Jain (Expert)
Follow

19 August 2014 yes you can take diff-2 indexation on land and building.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

CCI Pro

CAclubindia's WhatsApp Groups Link

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Ashok Atluri

Ashok Atluri

Pro Member T.N.Reddy

T.N.Reddy

Pro Member Jagadeesh GR

Jagadeesh GR

Pro Member Arvind Sharma

Arvind Sharma

Pro Member Taxlet

Taxlet

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details