Regarding fmv value of land on 1/4/1981


This query is : Resolved 

11 April 2014 my father gets a land from his grand father before 1/4/1981, now he want to sell it.

please tell me how to get FMV of land on 1/4/1981

11 April 2014 you need to apnt a loacal regsitered valuer who will provide you a report and value the land as per 1.4.81 rules and records.

11 April 2014 but i have heard many case where AO has rejected the local registered valuer report.

should i consider local register valuer report
or ask AO for valuation

11 April 2014 u need to take that valuer's report which is regsitered with the income tax dept and authorised by them to give u valuation report...


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