Menu
capital gains
is it compulsory to avail the benefit of indexation in case of long term property. is there any option to calculate LTG Without indexation. since tax rate is 10%.
Replies (5)
man!!!🤔🤔🤔🤔
the word used in section 48(mode of computation of CG) is "in case of LTCG,the COA and COI shall have the effect of indexation"......
--shall have the effect--
hence,it is compulsory to avail the benefit in case of LTCA!😅
Is it helpful??
the word used in section 48(mode of computation of CG) is "in case of LTCG,the COA and COI shall have the effect of indexation"......
--shall have the effect--
hence,it is compulsory to avail the benefit in case of LTCA!😅
Is it helpful??
from which AY the new rates CII is applicable?
from the A.Y 2018-19 New rates of CII are applicable
so without indexation is not possible. for calculating LTCG In case of sale of property. 10% lower tax rate is not applicable
yes...you are exactly correct!!!
Recent Threads
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
Related Threads
CAclubindia
