Capital gain tax
This query is : Resolved
23 May 2014
My Client had got a plot of land in municipal area on partition of family in 1989 and sold in 2014 for rs 20 lac however cost price in not known as well as fair market value as on 1.1.1981 are nor available, what is the remedy for calculation of capital gain tax
please guide for the same
please guide for the same
23 May 2014
Try to get a valuation from an approved valuer.
Rupesh Jain
(Expert)
23 May 2014
you can get approved valuer for value of property on 1.1.1981
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