banner_ad

Capital gain

Tax queries 201 views 2 replies

What is the value of the property purchased in 2000 as on 2018

Replies (2)
what was the value in the year 2000?

If Fair value of your property as on 01/04/2001(because purchase is before FY 2001-2002)  be Rs.1 lac.

Then Indexed cost of aquisition of your property for FY 2018-19 would be Rs.2,80,0000  /-  (1,00,000 *280/100)

      *    Indexed Cost of Aquisition=  Actual purchse price x Index in the year of sale / Index in the year of purchase

If property purchased before FY 2001-2002

     *    Indexed Cost of Aquisition=  Fair Value as on 01/04/2001 x Index in the year of sale / Index for the FY 2001-2002

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details