Capital gain
This query is : Resolved
16 July 2010
Whether indexation can be done from theprevious owner in case of assets acquired under exempted transfer.
16 July 2010
Benefit of indexation is not permitted. If there is exempt transfer then only cost of aquisition will be the cost of asset. Indexation will be done from the year of that transfer.
16 July 2010
In case asset acquired from exempted transfer you cannot claim indexation.
Agreed with the expert.
Agreed with the expert.
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