Sir, a commercial freehold property is registered in my Grandfather's name, is an ancestral property acquired in 1920's. We entered into Joint Development Agreement with a builder for construction of 4 storey commercial building 2 years back. Will we get indexation benefit till 23-7-2024?
Kapil ji, this time instead of criticizing, you have explained the provisions
Kapil ji, thanks a lot.
Interruptions obstruct the flow of speaker
Jaigurudev
Superb sir
Sir, a commercial freehold property is registered in my Grandfather's name, is an ancestral property acquired in 1920's. We entered into Joint Development Agreement with a builder for construction of 4 storey commercial building 2 years back. Will we get indexation benefit till 23-7-2024?
If you have already sold the property before 23.7 than only you will get, on or after 23.7 you will not get
@@keshavmaheshwari1976 we have not sold it. we entered into JDA in March 2022, kindly clarify? we will get 60% of the constructed portion.
You will not get indexation as the gain would arise after 22.7.24
Is the indexation of repair / improvement also overhaul??
Yes