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Capital Gain - How to determine Fair value as on 01/04/2001 in the absence of any records

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(Querist)
02 August 2021 For properties purchased before 01/04/2001, how is the fair value determined in the absence of government fair value records or any records on market value during that period?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 August 2021 Check with your concerned registrar office, get the value from the registered documents during that period.
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Briny Rose Jacob

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Briny Rose Jacob (Querist)
03 August 2021 Thanks for your reply. In the absence of such information, what can be done?



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 August 2021 Contact your jurisdiction AO he knows it if someone has filed similar capital gains return.
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Briny Rose Jacob

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Briny Rose Jacob (Querist)
03 August 2021 Thank You Sir for the reply

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