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Is indexation benefit available on the sale of ...

Is indexation benefit available on the sale of short-term capital assets?

Is indexation benefit available on the sale of short-term capital assets?

0
Jeeba Jul. 03, 2018

No
Indexation benefit is adjustment of inflation on a value of assets. This is available only on the sale of long-term capital assets.

Since short-term capital assets are held for immediate purpose or for the short period of time, you can not take the indexation benefits for calculation capital gain.

Is indexation benefit available on the sale of short-term capital assets?

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