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capital gain

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(Querist)
17 July 2009 i want to ask

whether

indexed COA be equal to COA

ICOA=COA
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Sumit Jain

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Sumit Jain (Querist)
17 July 2009 if yes

then how
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chetan soni

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chetan soni (Expert)
17 July 2009 Is can be if the acquisition & sale in the same year.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
17 July 2009 Mr.Chetan, then there will no Indexed Cost of Aquisition at all.
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Sumit Jain

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Sumit Jain (Querist)
20 July 2009 yes nitin is right

if acquisition and sale in the same year

then it will be stcg

and indexation doesnot allowed
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Sumit Jain

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Sumit Jain (Querist)
20 July 2009 can anyone plz tell this
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