Indexation based on UDS registration or flat handover year

Tax queries 356 views 2 replies

Hi,

For my flat in Chennai, we registered UDS in FY 2009-2010. Then construction started and it was completed and handed over in FY 2011-12 (full payment done).

In 2025-26, I sold the flat. For computing indexation, should the base year be FY 2009-10 or FY 2011-12?

Regards

Sri

 

Replies (2)

For indexation, you can take:

👉 FY 2009–10 (year of UDS registration = year of acquisition)

NOT FY 2011–12 (handover year).

This is the legally correct position.

Thank you very much Sir.


CCI Pro

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