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Asked by Pankaj on :Jul. 03, 2018

Is indexation benefit available on the sale of sh…

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.

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