TaxTMI 
TaxTMI 
Consideration of Indexation in Computation of LTCG from sale of land converted from Leasehold to freehold kindly provide us the case laws if any.
Capital Gain Computation Indexation
12 Feb 2016 
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Indexation for long-term capital gains applies to sale of land converted from leasehold to freehold.
Consideration of indexation in computing long-term capital gains on sale of land converted from leasehold to freehold is routinely applied; no case law is required, and parties are invited to present specific problems for further clarification. (AI Summary)
Consideration of indexation in computing long-term capital gains on sale of land converted from leasehold to freehold is routinely applied; no case law is required, and parties are invited to present specific problems for further clarification. (AI Summary)