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199 views • Question added Jul 13, 2012 • Income Tax • By Ashish , Mumbai


for the sale of property, can long-term capital gains tax be calculated at the rate of 10% without indexation?

4 Answers

answered Jul 13, 2012 by Krishna Chandra Santi , Chennai

capital gain will bw calculated after indexation


answered Jul 13, 2012 by CA Satuti Mahajan , batala

Indexation must.


answered Jul 13, 2012 by Vikash Kumar Jha , Cuttack

I am completly agree with our experts


answered Jul 15, 2012 by Mrattunjay , New Delhi

Could you explote little more your quarry, as i am understanding you want to know about income tax provisions?
if i am not wrong it is possible without indexation and considered as short term and apply provision


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CA Vikas Maheshwari

14-Jul-2012 , 11:14:39 am

NO.. indexation is necessary in case of long term capital gain on sale of property.. however this benefit i.e. tax on capital gain @ 10% without indexation is available only in case of long term arising from sale of listed securities.

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