I Have few doubts regarding how to calculate Indexed acquisition cost of a property. These are:-
- Property was purchased in FY 2009-10 & 85% money was paid to builder. Registration & Sale Agreement was carried out same time. But as it was under construction property, Possession was given in FY 2010-11 & rest 15% paid. So Which year CII will be used for indexation purpose?
- Stamp duty & registration charges paid during purchasing of this property will be added in property cost or not?
Please clear my doubt.