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.
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.
Dhirajlal Rambhia
(Expert)
08 July 2022
You can apply indexation from FY 2006-07; i.e from possession date.
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