https://www.taxtmi.com/highlights?id=29051 LTCG - Benefit of Indexation - period of holding u/s 49(1) - when the assessee sells his immovable property which is acquired under gift or will, while computing the capital gain the index cost of acquisition has to be computed with reference to the year in which previous owner first held the asset and not the year in which the assessee became the owner of the asset - AT en-us Mon, 09 May 2016 00:40:25 +0530 Sun, 08 May 2016 17:50:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29051 LTCG - Benefit of Indexation - period of holding u/s 49(1) - when the assessee sells his immovable property which is acquired under gift or will, while computing the capital gain the index cost of acquisition has to be computed with reference to the year in which previous owner first held the asset and not the year in which the assessee became the owner of the asset - AT Highlights Income Tax Mon, 09 May 2016 00:40:25 +0530 https://www.taxtmi.com/highlights?id=29051