Capital gain


This query is : Resolved 

22 June 2013 I purchased a property from builder and make payments in instalment in full before the possession(in 4 yrs). And the possession received 2 yrs ago. When the property sold out after 2yrs of possession is treated as LTCG or not. Can we take a Indexation on payments or not? Tell me the reason with appropraite case law if its possible.

kunal (Expert)
22 June 2013 there is no capital gain on purchase of property.


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