Sir , I have sold my residential property by executing registered sale deed on 30th June 2024 , am I entitled for indexing or not for LTCG tax calculation.
Ans: Hi,
The change in LTCG for real estate has been made effective from July 23, 2024. Since you have sold the property before this date, you should be able to apply for LTCG at old taxation with indexation.
Best Regards,
Anil Rego,
Founder & CEO,
Right Horizons