Sir/ma'am
The indexation benefit is not given to the depreciable assets as the depreciation is given as benefits for tax deduction. Then can we say that it will be taken as a short term capital gains and charged accordingly
aman kawad
CA Inter
★ 7K+
28-Jun-20 12:31
12
Answers (1)
Yes. You are absolutely right. Assets for which Depreciation is charged are taxed as STCG