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Cost of aquisition

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11 September 2014 what is the cost of aquisition of ancesteral property of 1978.
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CA VISHWAKEERTHI.P.S.

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CA VISHWAKEERTHI.P.S. (Expert)
11 September 2014 You have take Cost of purchase or fair market value of that property as on 1981, which ever higher for your cost of acquisition to calculate capital gain.

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