Capital gain on sale of property recived in will
This query is : Resolved
RAKESH TANWAR
(Querist)
06 January 2015
CAPITAL GAIN ON SALE OF PROPERTY RECIVED IN WILL ; WHAT IS THE COST OF INDEXATION?
CA R SEETHARAMAN
(Expert)
06 January 2015
Indexation has to be calculated from the date of acquisition of previous owner.
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06 January 2015
take cost inflation index of the year of date of acqisition of capital asset by previous owner.
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