Long term capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2012
Dear Sir,
If the property purchased before 1981 (i.e 1972) then what is the procedure to make valuation of property as on 1981???? by whom the valuation should be made????
If the property purchased before 1981 (i.e 1972) then what is the procedure to make valuation of property as on 1981???? by whom the valuation should be made????
01 March 2012
Should you dont have the cost of purchase.. you can rely on the municipal valuation as released from the sub registrar office from time to time as on that year.. this information is generally difficult to obtain. Lawyers are the best source for the same..
01 March 2012
A valuation certificate from an 'approved valuer' will suffice.
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