Capital Gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 January 2011
If i take fair value of 1981 as purchase cost, can i get the indexation benefit.
eg. i have property purchased in 1969 for Rs.30000/-,its fair value in 1981 in Rs.9 Lacs.Can i get the indexation benefit on Rs.9 Lacs ?
eg. i have property purchased in 1969 for Rs.30000/-,its fair value in 1981 in Rs.9 Lacs.Can i get the indexation benefit on Rs.9 Lacs ?
Aditya Maheshwari
(Expert)
06 January 2011
yes u can.
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