Please Help: Income tax
Posted Date : 13-Jul-2012 , 04:02:31 pm | Posted By Ashish
for the sale of property, can long-term capital gains tax be calculated at the rate of 10% without indexation?
Category : Income Tax | Answers : 4 | Comments : 1 | Hits : 168
Answers
Answer By: Krishna Chandra Santi
capital gain will bw calculated after indexation
Answer By: CA Satuti Mahajan
Indexation must.
Answer By: Vikash Kumar Jha
I am completly agree with our experts
Answer By: Mrattunjay
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
if i am not wrong it is possible without indexation and considered as short term and apply provision
Comments
CA Vikas Maheshwari
14-Jul-2012 , 11:14:39 amNO.. 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.