Is The Benefit Of Indexation Available While Computing Capital Gain A

1.	Is The Benefit Of Indexation Available While Computing Capital Gain Arising On Transfer Of Short-term Capital Asset?
Answer» Indexation is a PROCESS by which the COST of acquisition/improvement of a capital asset is ADJUSTED against inflationary rise in the VALUE of asset . The benefit of indexation is available only in case of long-term capital ASSETS and is not available in case of short-term capital assets. Indexation is a process by which the cost of acquisition/improvement of a capital asset is adjusted against inflationary rise in the value of asset . The benefit of indexation is available only in case of long-term capital assets and is not available in case of short-term capital assets.

Is The Benefit Of Indexation Available While Computing Capital Gain Arising On Transfer Of Short-term Capital Asset?

Answer»

Indexation is a PROCESS by which the COST of acquisition/improvement of a capital asset is ADJUSTED against inflationary rise in the VALUE of asset . The benefit of indexation is available only in case of long-term capital ASSETS and is not available in case of short-term capital assets.

Indexation is a process by which the cost of acquisition/improvement of a capital asset is adjusted against inflationary rise in the value of asset . The benefit of indexation is available only in case of long-term capital assets and is not available in case of short-term capital assets.

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Is The Benefit Of Indexation Available While Computing Capital Gain Arising On Transfer Of Short-term Capital Asset?