Please Help: Income tax
Posted Date : 13-Jul-2012 , 04:02:31 pm | Posted By: Ashish
Category :
Income Tax | Answers :
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Comments :
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for the sale of property, can long-term capital gains tax be calculated at the rate of 10% without indexation? |
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Answers:
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 Answer by: Krishna Chandra Santi |
| capital gain will bw calculated after indexation
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| Answer by: CA Satuti Mahajan |
| Indexation must.
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| Answer by: Vikash Kumar Jha |
| I am completly agree with our experts
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| 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
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| Comments |
| Posted By : CA Vikas Maheshwari |
14-Jul-2012, 11:14:39 |
| 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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