Indexation on LTCG

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Student
132 Points Posted on 29 May 2020
A land is sold in fy 19-20 in the second quarter.It is long term capital asset.The cost of improvement was incurred before 9 years.
So no books are available currently.
For its supporting.So is there can be any issue in claiming indexation cost.Can any reference of act or judgement is available to make our point strong.
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On 29 May 2020 at 22:23 Report
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Quick Summary
A taxpayer sold a long-term capital asset in FY 19-20, but lacks records for improvements made nine years prior. They are seeking advice on whether this will cause issues with claiming indexation cost for their Long Term Capital Gains (LTCG) tax calculation. The user is looking for any relevant acts or legal judgments that could support their case and is considering obtaining a property valuation as a potential solution.

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32 Points Posted on 30 May 2020
One of the possible solution is to get the property valuation done
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On 30 May 2020 at 01:14
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Student
132 Points Posted on 30 May 2020

Thanks for response. But how this will help

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On 30 May 2020 at 01:30

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