Base value to calculate capital gains 10 yrs after redevelopment of glat

I had a query on what should you consider as the cost of acquisition of a flat that has been redeveloped and sold after 10yrs if living in it.

If the old flat was bought in 1995 at a cost of 34 lakhs and redeveloped and got possession in 2012 and market value of the flat in 2012 is 2 cr.

Now of I sell flat in 2025 for 4 cr then what should I take as base value to calculate capital gains.

Is it 1995 value or 2012 value.

Would help lots of people if you can clarify this. 

Replies (1)

As such 2012; provided the redeveloped flat was declared in ITR of 2012-13.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details