Clearance from income tax dept


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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2012 whether buyer has to get clearance from IT Dept to purchase property if Registration value is above 25 lakhs.

where I can get index for neutralising value of for capital gains

07 March 2012 NO NEED TO 6TAKE CLEARANCE
PL TELL US THE YEAR FOR WHICH INDEX IS REQD

08 March 2012 Cost inflation index, for the purpose of capital gains computation ,from the FY 1981-82 to FY 2011-12 is available in https://www.caclubindia.com/forum/cost-inflation-index-table-chart-175456.asp

C.P.CHUGH (Expert)
08 March 2012 There is not such requirement at present for obtaining prior permission to sell a property of any value.


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