Land by heritancr by son there is no cost of acquisition by father is also giving land by heritance
can 1.4.1981 Market value consider for cost of acquisition
the cost of acquisition shall be the cost at which the original owner who has actually acquired the property.
If the property has been acquired by the original owner prior to 1 April 1981, you have the option of taking the actual cost of acquisition or fair market value as on 1 April 1981.
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Ahmedabad
CA
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