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Rate of income tax on sale of plot (land)

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(Querist)
11 August 2011 someone advised me if u not consider indexation on L.T.C.G. on Plot(Land) than you need to pay 10% tax instead of 20% with indexation. it is True or misguided information. Pls help me to calculate right tax.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
11 August 2011 Totally misguided.
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
11 August 2011 Not true...




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