Correct Indexation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 September 2010
I purchased a flat in bangalore in 2003 . Builder quoted the price of Apartment Rs. 11.50 lacs + other costs + registration cost for total of Rs. 12.50 lacs.
But the Builder executed conveyance deed at value of Rs 5.30 lacs. I took a loan of Rs 11 lacs to purchase this flat. If I have to sell it and calculate the indexed price for LTCG which value I need to take.
But the Builder executed conveyance deed at value of Rs 5.30 lacs. I took a loan of Rs 11 lacs to purchase this flat. If I have to sell it and calculate the indexed price for LTCG which value I need to take.
12 September 2010
Rs.5.30 lakhs is the cost.
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