Regarding applicability of indexation date
This query is : Resolved
Divyesh Ajmera
(Querist)
04 December 2024
Is Indexation benefit is available for property purchase on or before 23 July, 2024 or sale on or before 23 July, 2024?
Dhirajlal Rambhia
(Expert)
04 December 2024
For resident individuals, the indexation benefit is available for the properties purchased before 23 July, 2024. Sale date can be even after the cut off date, but in same FY.
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