capital gain
This query is : Resolved
26 July 2010
indexation of asset acqured from previus owner...........
confusion on dis issue.....
while making indxtn of asset acrd from previus owner(sec.49(1) )who acuried it b4 1/4/81,indexation wil strat from DATE of acuisition by ..........
curent owner or previous owner???????
confusion on dis issue.....
while making indxtn of asset acrd from previus owner(sec.49(1) )who acuried it b4 1/4/81,indexation wil strat from DATE of acuisition by ..........
curent owner or previous owner???????
26 July 2010
if it is acquired before 1.4.81 indexation will be 100... after 1.4.81 it would be the date wen 1st held by the assessee...
29 July 2010
but there is confusion..........refer vinod gupta n ahuja.......case law......pushpa sophat.
n tell me
n tell me
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