Please calculate capital gain and tax thereto of the following
Land purchased on 21.11.1994 for Rs.60000
Sold on 1.3.2019 for Rs.1500000
First .......Get the FMV or circle rate of the land as on 01.04.2001 from any registered valuer.
List of registrered valuers attached
Circle rate is rate fixed by Sub-registrar of stamps & registration.
CAclubindia
