Question ID :
38022
Capital Gain
Dear Sir,
One of our assessee father has expired and the property has devolved on the assessee on 15/05/2016. The Property was purchased by his father in year 1989. Sir, I want to know the period of holding for indexation will be taxed from 2001 or F/y 2016-17.
Posted by
VIPIN GUPTA
on
Mar 07, 2019
Filed Under
Capital Gains
Answer ID :
76347
From 2001.
Posted by
CA. JHA SHANKAR KUMAR on
Mar 07, 2019
Answer ID :
76358
period of holding will be calculated from 2001
Posted by
CA. SATISH CHAND GARG on
Mar 07, 2019
Answer ID :
76396
The Indexation for fy 1989 will be used
Posted by
CA. BISHT RAKESH on
Mar 20, 2019