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
For indexation, you can take:
NOT FY 2011–12 (handover year).
This is the legally correct position.
Thank you very much Sir.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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