Long-term Capital gains – determination of date of acquisition – ...
Inherited Property Gains: Use Previous Owner's Acquisition Date for Indexation Benefits on Capital Gains Tax from Pre-1981 Acquisitions.
February 18, 2012
Case Laws Income Tax AT
Long-term Capital gains – determination of date of acquisition – property acquired through inheritance - acquired by previous owner prior to 1-4-1981- benefit of indexation shall be available from the year when previous owner first acquired it.
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