Trusts to be Assessed as Individuals for Capital Gains; Indexation Benefit Available Post Section 11 Exemption Withdrawal.

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....Assessment of capital gains of trust after withdrawing exemption u/s 11 - while completing assessment under normal provisions of the Act, the assessee should be treated as individual. Since, benefit of section 13 has been withdrawn from the assessee, the benefit of indexation while computing capital gain/loss should be allowed. - AT....