Tax and indexation querry

1. Yes, provided possession held by you.
2.  For all the flats sold, but purchased before 2 years before sell.

To answer your questions:

Indexation Benefit for Selling a Flat Before Registration: - *Availability*: Indexation benefit is not available for selling a flat before registration, as the property has not been held for more than 24 months (2 years) from the date of purchase.

- *Tax Implications*: The capital gains will be taxed at 30% (plus cess and surcharge) as short-term capital gains, since the property has been held for less than 24 months. Indexation Benefit for Multiple Flats Sold Within the Same Financial Year:

- *Availability*: Indexation benefit is available for multiple flats sold within the same financial year, provided each flat has been held for more than 24 months from the date of purchase. -

 *Calculation*: The indexation benefit will be calculated separately for each flat, considering the date of purchase and sale of each property.

- *Tax Implications*: The capital gains from each flat will be taxed at 20% (plus cess and surcharge) after considering the indexation benefit for each property.