Capital gain property
This query is : Resolved
adarsha h l
(Querist)
11 April 2026
I purchased a property in 2001 for 50 Lakshs and sold it in April 2026 for 1.5 cr . Can I calculate the indexation cost for the property for the Assessment Year 2027-28 ? or I have to pay 12.5% for the difference amount ?
Dhirajlal Rambhia
(Expert)
11 April 2026
For a property purchased in 2001 and sold in April 2026 (Assessment Year 2027-28), you have the choice between two options because the property was acquired before 23 July 2024.
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