Is indexation available on sale of unregistered property

DEEPAK KUMAR BAID (PARTNER) (44 Points)

10 September 2019  

I had booked a property in 2010 worth Rs 45,00,000/- in my Pvt Ltd Co with payments spread over last 8 years in installments.In 2018 all the payments were cleared and taken possession of the property but is not registered as yet.I want to sell it for Rs 90,00,000/-.Please advice what will be the tax implication and whether indexation will be applicable.Thanks .