Sir, in example 3- why did we not calculate the unindexed gain first and then deduct the indexation allowance which will be the difference of cost and indexed cost. Indexation allowance should be of (3393-2500). Please correct me if i am missing something. Thanks
Vjhajharia says
Sir, in example 3- why did we not calculate the unindexed gain first and then deduct the indexation allowance which will be the difference of cost and indexed cost. Indexation allowance should be of (3393-2500). Please correct me if i am missing something. Thanks
arefeen says
Yes, I have noticed the same issue.