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LTCG VALUATION OF COSTOF ACQUISITION

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22 August 2023 Mr A & Mr B were brothers jontly purchased a building for Rs 4,00,000/- (Both have equal share) during FY 1986-87. Later during FY 2015-16 they partitioned the same eqally. The market value at that time was Rs 50,00,000/-. Subsequently Mr A sold his share of building for Rs 54,00,000/-. In this case what is the cost of acquisitiion Rs.4,00,000 (or) Rs.50,00,000

22 August 2023 Hi Sir,
I tried to withdraw some amount from my PF on 31st July, this morning i got a message that "CLAIM REJECTED PASSBOOK NOT ATTESSTED" in this case should i go to bank & get stamp done on passbook or shall i just sign over my passbook?
Please advise.

22 August 2023 The cost of the building will be the market value as on 1st April 2001 and apply indexation on it.


22 August 2023 Just sign over your passbook.



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