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Inherited Property Sales: ITAT Mandates Indexation From Original Acquisition Date

A significant ruling by the Income Tax Appellate Tribunal clarifies that indexation for Long-Term Capital Gains (LTCG) on inherited real estate must commence from the original owner’s acquisition year, not the date of inheritance. This decision offers substantial potential tax savings for heirs selling ancestral assets.

By Prasad Pednekar

  • Mar 11, 2026 14:01 PM IST
  • 1308 Views
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