GANGI NAIDU YANAMANDALA 26 May 2020
one of my clients Father died on
January 2018, later his son's sold the property on 02/01/2020, while calculating the CAPITAL gain
1.whether we have to take INDEXATION From the period of holding of asset by the previous owner.
2.Father acquired Land in FY 1978
3.Now my doubt is , whether we have to take indexation from 2001 or 2018-19 (year of death of Assesses father)