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What would be cost

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(Querist)
24 July 2012 as we all know cost of acquisition of a property according to capital gain is fmv or cost whichever is higher, i want to know that what would be the cost if amount paid to a builder is higher than its register value of a property.
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Chirag Chordia

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Chirag Chordia (Expert)
24 July 2012 cost would be the amount paid by u if the value is less and amount is hgher

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