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Inflation index to nullify capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 March 2012 Let me know the procedure for calculation of capital gain immovable property received as gift in 1987 if it is sold now i.e. 2012.

What is the time limit to purchase another property to avoid capital gain tax.

Pl inform me where I can get inflation index to nullify capital gain for the period above
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 March 2012 Cost inflation index from 1981-82 to 2011-12 is available in

https://www.caclubindia.com/forum/cost-inflation-index-table-chart-175456.asp
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