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Capital gain on sales of assets

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(Querist)
17 September 2016 The House property owned by an NRI (owned-inherited) and old more than 40 years and no purchase/cost details of previous owner. then, how to calculate the Cost/value of base and the Capital gain there on? should we calculate by taking base of historcal Jantri Value and Current Index cost? kindly guide me
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Kaushik Joshi

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Kaushik Joshi (Expert)
18 September 2016 Dear Kalpesh, Kindly refer to the valuation of 1.4.1981 with help of registered valuer. Then take indexation benefit.
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