Q1

Suppose seller purchased building in year 2012
Value of building on time of purchase= 800000/-

He sold the property for 6000000 in 2018-19
Indexation rate for 2012-13 = 200 
Indexation rate for 2018-19 = 280

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Q2

Suppose in last question person has salary income also of 15Lacs

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.