Date of indexation in case of will property sold

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rmalhotra (Querist)
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02 August 2019 Sir

In case of Property inherited thru WILL, Period of holding of original owner ( Who acquired it himself before his death ) and its cost is to be considered for computation of capital gain. But what should be date from which indexation in hands of assessee is to be applicable when original owner acquired asset prior to April 2003 and father expired in May 2014. Son sold property in 2017. Can he claim indexation w.e.f 2003

Pls guide.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 August 2019 Yes he can claim indexation w.e.f 2003

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rmalhotra

rmalhotra (Querist)
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02 August 2019 Thank you Sir for prompt reply

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Date of indexation in case of will property sold

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