Capital Gain on Property indexing
This query is : Resolved
Rajesh Topiwala
(Querist)
25 July 2024
Can indexing benefits on Sales of immovable property which was acquired before 01.04.2001 say acquired in 1975 received now in legacy or say by way of Gift?
Dhirajlal Rambhia
(Expert)
25 July 2024
Indexation applicable when you sale the property, not at the time of receiving it under inheritance or gift..
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