Capital gain


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 August 2014 Hi experts,

I bought a property in the year 2004-05 but the possession was given to me in 2008-09. I made the payment to builder as per the payment schedule ranging for the period of 4 years. Now i am selling the property then please let me know what year will be taken as the base year for indexation? Can I take the different payment dates for the indexation ?

thanking you.

19 August 2014 You should take date of possession given to you.

19 August 2014 agreed with above reply

Rupesh Jain (Expert)
19 August 2014 yes form date of possession you can take indexation

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 August 2014 thanks!but what will be the cost of acquisition . Do I need to accumulate all those payments which were made before possession?

20 August 2014 Yes accumulate all the payments made before possession.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details