Cost of acquisition

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My client purchased an under-construction property in year 2013 for 50 lakhs and paid around 42 lakhs in installments. He sold it for 25 lakhs in year 2017 while it was still under-construction. Should I take year 2013 for indexation or  year of payment for every installments. 

Please guide.

Replies (3)

On each installments ... 

 

Thanks Dhirajlal ji for your giving us your valuation time and advice.

attn Mr. Dhiraj: in my opinion, the transfer did not take place only the client transfers his right in the property.

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