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Asked by Prashant on :Jun. 15, 2018

Can I avail indexation benefits while selling sho…

Can I avail indexation benefits while selling short term capital assets?

Can I avail indexation benefits while selling short term capital assets?

0

Jeeba Jun. 15, 2018

No, indexation benefits is not available for the short-term capital assets.

Basically, indexation benefit is provided in order to adjust inflation on the cost of assets/improvements on the long term capital assets.

Since you are selling short term capital assets, there is no question of adjustment on the cost of assets.

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