Capital gain on sales of assets
This query is : Open
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
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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