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WHICH YEAR TO BE CONSIDERED FOR INDEXATION - CAPITAL GAIN CALCULATION

This query is : Resolved 

08 July 2022 Sir/Ma'am,
Following are the details of Land which has been sold in F.Y. 2021 - 2022
1) Allottment Letter was issued on 1991
2) Possession Date - 2006
3) Conveyance Deed - 2009
4) Payments made in installments from 1991 - 2013

Which Year should be considered for Indexation? Please Guide.

08 July 2022 You can apply indexation from FY 2006-07; i.e from possession date.



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