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Direct Taxation
In first q under b , why is there no indexation for cost of acquisition
Answers (9)
Anirudh gupta
For the (i ) question you need to follow this to find the taxability
But after finding this why don’t we take indexation
Thread Starter
SANSKRITI BADRI 2111339But after finding this why don’t we take indexation
Remember one thing....if there is purpose to jse index...then icai will compulsorily gives you those indices
Anirudh gupta
Remember one thing....if there is purpose to jse index...then icai will compulsorily gives you those indices
I understand what ur saying … however the indexes given in the second part can be applicable as the years are the same
Thread Starter
SANSKRITI BADRI 2111339I understand what ur saying … however the indexes given in the second part can be applicable as the years are the same
May be for the second part they missed to include the indices...no worries but for the first part...u dont need to care about indices...apply the specific provision and you are good to go.