Capital Gain

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..... A enters into agreement of sale for purchases of property belonging to B . A gives part payment as advance in two instalments. Later A assigns the agreement in favor of C and in the process reco .....

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..... vers advance given plus premium from C . There are decisions to say that premium has to be taxed as capital gain because right to acquire property is also immoveable property. In the above circumsta .....

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..... nce, how is the cost arrived at and whether indexing is allowed for each of advance given at different dates. - Reply By Padmanathan Kollengode - The Reply = Installments paid will be treated as cos .....

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..... t. indexation will be allowed for each installments based on year in which such installment is paid. However, the question of indexation arises only if it is a LTCG ie. sold after 2 years from allotme .....

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..... nt. - Capital Gain - Query Started By: - Ethirajan Parthasarathy Dated:- 21-2-2023 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal op .....

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..... inion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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