Index valuation
This query is : Resolved
04 February 2011
If i had purchased asset 45000 dollor on 2 feb 2005 (1 § = 43) and payment made in 2006( 1§= 49) and this asset sold in 2010 so index cost of asset will be ( 45000 * 43 or 49 ) for index valuation and what year take for index 2005 or 2006
06 February 2011
Index cost is 45000@ 43 and year is 2005.
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