banner_ad

Indexation

449 views 2 replies

IF A PROPERTY IS INHERITED BY AN ASSESSEE ON 2005 FROM HIS FATHER WHERE IT IS PURCHASED BEFORE 1981 DOES THE INDEXATION SHALL BE CALCULATED ON F.M.V ON 1981 OR COST TO THE PREVIOUS OWNER ?(i.e from his father)

Replies (2)
Indexation from 2005 COA for the son = cost to father or fmv on 1981. Holding period (to decide long term or short term) includes the holding period of father.
Indexation from 2005 COA for the son = cost to father or fmv on 1981. Holding period (to decide long term or short term) includes the holding period of father.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details