Capital gain

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

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details