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Q. > Please Help: capital gain
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242 views • Question added Apr 25, 2014 • Income Tax • By ritesh mittal , CA


I had booked a flat in a project 3 1/2 years back. but possession still not recd. I have paid 8 out of 10 installment to the builder through CLP method. Now If I transfer it to some one, how capital gain will be calculated. It will be Long term or short term ? and if I can take the benefit of indexation on paid installments. Pl suggest any body.

1 Answers

answered Apr 26, 2014 by shankygarg , Karnal

First, it will be Long term capital Gain(It will be considered as sale of right not sale of flat).
Yes,Benefit of Indexation is available.
And, separate calculation will be done for each installment paid for Indexation Purpose.


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