Tax on sale of property

NISHA AGARWAL (Chartered Accountant) (454 Points)

08 May 2018  

I had purchased a Plot of Land in the year 1983. In the F.Y. 2017-18, I constructed a commercial building on the said land and Sold all the Shops in the building to different parties in the same year. 

I want to inquire whether I am eligible for the indexation benefit on the land as I am not a Promoter.