Is indexation facility available to the Cost of improvement done in the previous year of the sale of asset..
I mean the sale of asset done on the FY 2017-18 And the cost of improvement done in the FY 2016-17, Then the cost indexation facility for cost of improvement available to the assessee
Yes, Indexation is available in cost of improvement in this case.
Abic and Mani Chartered Accountants
Kottayam
B.Com
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Shyam S Gupta and Company
New Delhi
CA Inter
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Varma Raja & Associates
Thrissur
CA Inter
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CCI
Pro
CAclubindia
