Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. 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

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

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 Mitesh

Mitesh

Pro Member bhagat ram goyal

bhagat ram goyal

Pro Member Aastha Soral

Aastha Soral

Pro Member Nehal Ambekar

Nehal Ambekar

Pro Member Ashwin Tanna

Ashwin Tanna

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

24 May 2026

Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details

10 May 2026

Finance specialist

Right way solution

Ajmer

CA

View Details

16 May 2026

Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details

29 May 2026

Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

16 May 2026

Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details

ARTICLESHIP 15 May 2026

Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details

11 May 2026

AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details