21 January 2012
Dear Sir, I want to know the calculation of Capital gain in case of gold is sold which was purchased in marraige of my grand mother i.e. before 01.04.1981.
21 January 2012
Sale Consideration Less Indexed Cost of Acquisition of Gold, Since it is purchased before 01.04.1981 so either actual cost on the date of purchase or FMV as on 01.04.1981 can be considered
CAclubindia
