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