FMV for Indexation of Immovable Ancestral Property


This query is : Resolved 

Quick Summary
This discussion explains how to determine the Fair Market Value (FMV) for indexation purposes when dealing with ancestral immovable property purchased before 2001. The recommended method is to obtain the relevant rates from the concerned government revenue authority or the Jurisdictional Sub-registrar's office for April 2001.

23 September 2025 A Plot purchased by Taxable person's forefather and lastly transferred property on his name by his father
As property was purchased before 2001, how to calculate FMV @ 2001 to calculate indexation property.

23 September 2025 Contact the concerned revenue authority of the Government they will provide the rate.

23 September 2025 Get the circle rate from Jurisdictional Sub-registrar office, as of April,2001.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details