How to calculate the Cost of acquisition or fair market value of the ancestral land ? if previous record not available.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160976 Points)
Replied 30 January 2018
Get Valuation report from certified valuer as of April, 2001
varun mishra
(27 Points)
Replied 02 April 2018
Dear Sir how to get report from certifed valuer as of april,2001?
Saifullah Khalid
(Autodidact/Curious )
(633 Points)
Replied 02 April 2018
| Originally posted by : varun mishra | ||
 |
How to calculate the Cost of acquisition or fair market value of the ancestral land ? if previous record not available. |
 |
Visit Tehsil/Taluka/District Headquarter , registrar office will help you get the " prevailing circle rates " as on 01/04/2001 ... they will also workout the exact "valuation" ... valuation is not just circle rates based but also depends on the location of the land along with other factors ( e.g whether land is having roads on 2/3/4 side ....how broad are the roads and many other variables...) ... so after taking all this into account final valuation is done...
CAclubindia
