Indexation benefit on sale of property

This query is : Resolved

Divyesh Ajmera (Querist)
Follow

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?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

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.