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CAPITAL GAIN ON HOUSE RECEIVED VIA GIFT & SOLD SUBSEQUENTLY

This query is : Resolved 
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(Querist)
22 July 2023 The assessee (Son) receives a house Via Gift Deed from mother( Inherited by mother from her husband in 2003 after his death) & sells the same after a gap of one week in 2023 July.

Will the assessee receive benefit of Indexation in this case ? and what will be his acquisition cost & holding perod ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 July 2023 Yes.
COA as purchased by father or FMV as on 01.04.2001, whichever higher.
Holding period from the purchase date of father.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
14 September 2024 Good luck.
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