we had entered into a joint development agreement on sept 2010, whereby for the land surrendered 2 flats were alloted. the flats were constructed and handed over during Mar 2012. Further the flats were sold during Oct 2015.
For indexation of cost of acquisition pls clarify whether 2010-11 has to be taken or 2011-12 has to be taken.
Thanks
n t vinodh
Cost of acquisition for flat will be 2010-2011 will be taken and if construction is done in any financial year then cost of improvement will be taken from where construction had been started..
Thanks for the reply
regards
n t vinodh
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