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Indexation Benefits

shikha taparia (47 Points)

05 November 2019

does option of taking or not taking indexation benefit available in case of trf of immovable asset...?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160342 Points)
Replied 05 November 2019

NO...

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Kapadia Pravin (17249 Points)
Replied 05 November 2019

The option of paying tax at 10% without indexation is only available in the case of financial assets like mutual funds and the like

it is not available in the case of immovable property –

for property, immoveable Assets, the tax has to be calculated at 20.8% post indexation.

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Surjeet Negi (947 Points)
Replied 05 November 2019

I also agree to the experts, indexation applicable in case of ltcg for immovable property only.

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Kapadia Pravin (17249 Points)
Replied 06 November 2019

Indexation is applicable for certain moveable assets also........ such as gold, Jewellery, silver utensils, debt mutual funds (MF) etc.

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