Indexation benefit on sale of property
This query is : Resolved
10 April 2025
Is indexation available for sale of land or building on or after 23rd July, 2024? If available then one like to avail capital gain exemption scheme then on which amount need to be credited in such scheme? Whether of capital gain after deduction of indexation cost or capital gain after deduction of without indexation cost?
11 April 2025
1. For resident individuals & for properties purchased before July 2024.
2. Exemption u/s. 54 for HP, for land alone sec. 54F IT act.
3. Both options are open for resident individuals.
2. Exemption u/s. 54 for HP, for land alone sec. 54F IT act.
3. Both options are open for resident individuals.
29 September 2025
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