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Capital gain query...........

Tax queries 594 views 6 replies

Hi dear Frends,

I just want to know can we claim indexation benefit for the improvement done in previous year?

plz urgent....................

Replies (6)

Saagar Bhai,

 

Indexation Option is Available for LTCG Assets Only. Not STCG.

and LTCG Indexation Benefit Can Be Taken After Three Years Only.

 

Hello

Yes you can claim indexation on improvemnet expentitures on LTA

hey Aayush How r u? but what about cost of improvment made within 3 yrs prior to the date of sale of LTCA?

e.g.

date of purchase of asset 01/04/2008

cost of improvement Rs.2 lakhs made on 15/05/2012

date of  sale of asset 18/12/2013

????????????

I am Fine Saagar....Nice to see You on CCI...

 

Then In These Case:-

 

Take Indexation for Cost of Acquision

But For Cost of Improvement No Indexation is Available.

okk Aayush,thnx

someone jumbled me yaar..

okk take care

Originally posted by : CA Saagar Khatavkar

okk Aayush,thnx

someone jumbled me yaar..

okk take care

Ok...No Issues.

Why You are Not OL Now a Days on Group..


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