Schedule 112A Dtls (New ITR 2)for LTCG/LOSS

This discussion focuses on the deductibility of the cost of acquisition with indexation for Long Term Capital Gains (LTCG) under Schedule 112A for the new ITR 2 form. Specifically, it questions whether indexation can be applied to the acquisition cost from FY 19-20 when calculating the full value of consideration from a sale in FY 20-21. The consensus from the thread is that indexation is not permitted under Section 112A.