Facts:
Mr. A sold a flat on 26/12/2013 for Rs. 25,00,000/-. The said flat was purchased by Mr. A on 15/07/2008 for Rs. 10,00,000/-. Purchase Agreement was made by Mr. A on 15/07/2008. However, the Purchase Consideration was paid in Installments i.e. 15% of Purchase Value by January 2007, 40% Purchase Value by January 2008, 75% of Purchase Value by October 2008 and full payment by Januray 2010. Mr. A got the Possession of the Flat on 22/09/2010.
Query:
From what date indexation is to be taken to calculate the Indexed Cost of Acquisition for Capital Gains?
1. From Date of Agreement, or
2. Form Date of Possession, or
3. From Date of Payment of Purchase Consideration
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