Capital Gain - How to determine Fair value as on 01/04/2001 in the absence of any records
This query is : Resolved
Quick Summary
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?
02 August 2021
Check with your concerned registrar office, get the value from the registered documents during that period.
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03 August 2021
Thanks for your reply. In the absence of such information, what can be done?
03 August 2021
Contact your jurisdiction AO he knows it if someone has filed similar capital gains return.
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03 August 2021
Thank You Sir for the reply
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