Capital gain

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Ravi Hotwani (Querist)
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23 July 2014 Do we need to get a valuation report for the fair market value in the calculation of capital gain in case the property has been purchased before 1-4-1981. Are there any authorised valuers for this kind of Job. Can we refer to a new valuer?

Further What proofs are required in case the property in questions has been improved during the owership?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 July 2014 you hire a govt approved reg valuer for this purpose they will provide u with the valuation report.

Ravi Hotwani

Ravi Hotwani (Querist)
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23 July 2014 and what proofs are required in case a proprty has gone under improvement?

Ravi Hotwani

Ravi Hotwani (Querist)
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23 July 2014 and what proofs are required in case a proprty has gone under improvement?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 July 2014 all the bills/ invoices issued by the repairer and any other legal paymets made which can been shown.

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