Indexation benifit for property located outside india

Maruthi Reddy (16 Points)

06 October 2017  

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.