Date for indexation?

Tax queries 320 views 4 replies

Hello,

I want to ask that what will be date for doing Indexation while calculating capital gains,

If

 

The land was purchased in 01/04/1995 , all formalities done but the registery of the land purchased was done in 2011.

 

Please answer

 

Thank you

Replies (4)

It depands upon Sale Agreement, If All Formalities done including Sale Agreement Then The date for Indexation will be considered 01/04/1995.

 

Sir,

thank you,

Now my question if that is the case then one can do sell agreement in the back date

 

 

please reply

Then The Date for Indexation Will be Considered as The Date of Sale Agreement Approved or Signed by The Both Parties.


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