DEEMED COST OF AQUISATION


This query is : Open 

02 February 2011 IF AN INDIVIDUAL HAS ACQUIRED THE PROPERTY UNDER WILL(BOUGHT BEFORE 1981) AND GET IT MUTATED IN HIS NAME IN 1995 AND IN ABSENCE OF COST OF AQUASITION,IS THEIR ANY DEEMED COST VALUATIO METHOD IS THERE OR WHAT VALUE TO CONSIDER ,PROPERTY SOLD IN FY 2010-11

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02 February 2011 You can get market value as on 1981 from Sub-registrar / registrar of that area. of

07 February 2011 Hi, Totally agree with the Expert

Regards
CA. Lohith.J
B.Com,ACA,CS,(ICWA),ITF Hons, SAPM Hons


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