Dear Sirs,
I am a Resident and sold my property located in U.K which was purchased in 1985.
I sold the property in F.Y 2016-17 and there is a Long Term Capital Gain.
Now for that whether can i use Indian Inflation index for indexation benifit for the purchase of property located outside India.
Please help me.
T R SOOD & CO
New Delhi
CA Inter
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Shyam Joshi & Associates
Pune
B.Com
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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SSGS and Associates
Chennai
CA Inter
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
