What are the tax implications, restrictions on withdrawals from NPS Tier II?
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP, replies: There are two components to take into account, the full value of consideration and cost of acquisition. If the property is held for more than two years, as in this case, the resultant capital gain is a long term capital gain whereby the cost of acquisition is replaced with indexed cost of acquisition. To calculate the indexed cost of acquisition, we need the year of acquisition. The flat was ..