No indexation benefit if property sold at a loss: Long-term capital loss to hit taxpayers harder

No indexation benefit on loss: The government has provided partial relief to the homeowners for properties bought before July 23, 2024 and sold after that. However, this relief is available only in the case of LTCG arising from the property sale. If the property is sold at a loss then there is no indexation benefit available.

from Tax-Wealth-Economic Times https://ift.tt/2lAWC9i