Cost of acuistion to be indexed????
Lumpsum Amt does matter. Unit rate does not come into picture during indexation.
Take overall cost at that time.
Ohh Agricultural Land It cannot have capital gains tax
It is in urban area thus it is a capital asset.so wat vl b coa??
Index for 2005-06 was 497 and Index for 2006-07 was 519 now for 2015-16 index is 1081 . Cost as per Registration plus cost of brokerage , stampdutyetc + Plus cost of Maintenence will be indexed. Selling price as per Registration minus brokerage if any is SP .
If you buy a new house then claim gains u/s 54f. if you are searching then put money in Capital gains Account scheme of any PSU bank. You have to utilize the money within 2 years to purcase new house. if you dont want to buy new house then put money in capital gains Bond of NHAI or REC and claim exemption u/s 54ec.
54Ec and CGAS cannot be combined. 54F and CGAs can be combined
54F and 54Ec can be combined.
I hope I am correct on this
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