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...?
4 Replies
Kapadia Pravin
(17264 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.
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.
Surjeet Negi
(947 Points)
Replied 05 November 2019
I also agree to the experts, indexation applicable in case of ltcg for immovable property only.
Kapadia Pravin
(17264 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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