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Effective date of 'cost of inflation index' (cii) for ltcg

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 October 2013 I had booked a flat for residential purpose on 25/03/2010 (agreement date) which was under construction at that time. I got possession on 10/04/2011.
If I sell that flat say after couple of years more, what would be the effective date of value of Cost of Inflation Index for calculating long term capital gains tax? i.e. whether it will be 25/03/2010 (2009-10) or 10/04/2011 (2011-12)?

10 October 2013 It will be that year in which actual registration of documents were transferred in your name.

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 October 2013 Thank you so much Tushar!


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