Inherited Property Gains: Use Previous Owner's Acquisition Date for Indexation Benefits on Capital Gains Tax from Pre-1981 Acquisitions.

Inherited Property Gains: Use Previous Owner's Acquisition Date for Indexation Benefits on Capital Gains Tax from Pre-1981 Acquisitions. https://www.taxtmi.com/highlights?id=2955 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. en-us Sat, 18 Feb 2012 07:36:19 +0530 Sat, 18 Feb 2012 07:36:19 +0530 TaxTMI RSS Generator Inherited Property Gains: Use Previous Owner's Acquisition Date for Indexation Benefits on Capital Gains Tax from Pre-1981 Acquisitions. https://www.taxtmi.com/highlights?id=2955 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. Highlights Income Tax Sat, 18 Feb 2012 07:36:19 +0530 https://www.taxtmi.com/highlights?id=2955