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Ajani Denish   22 September 2021

Capital Gain on Non Agriculture Assets

Dear Professionals,

my father Purchased Agriculture Land in 1989 after that the same is transfer on my name in 2018 after that i have converted in Plot (Non Agriculture) in 2020 and then sale in 2020.

how to calculate Purchase cost of Plot ?  

 2 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     22 September 2021

Get valuation done from a 'Registered Valuer' as on 01.04.2001.

OR Check  with Registrar Office for the Circle rate of the area in FY 2001-02


Sourav (Student)     23 September 2021

Agree with above comment

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