Indexation benefit

dear manish

according to proviso to sec.112 the benefit of indexation can only be taken on security,units and zero coupan bonds.so u can not claim benefit of indexation on immovable property.

regards

tarun rustagi

I think Mr. Rustogi has wrote incorrect words as per my knowledge indexation must entertained whenever we deal in immovable property.

dear harpreet

plz read the query again and again reply.the question is about the rate of tax i.e 10% or 20%.in this case he will be liable to pay tax @ 20% as he wants to claim rate of 10% without indexation.

waiting for ur views again.

regards

tarun rustagi