Property recd in gift
This query is : Resolved
13 November 2013
I have received a property in Gift in 2005 and now I am selling it for Rs.20 Lakhs. I want to know Can I claim Indexation Method while Calculating LTCG and what value should I take as a Purchase cost?
13 November 2013
Cost to the previous owner will be considered for the purpose of indexation.
13 November 2013
and yes you can claim indexation.
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