1. My client has sold her father's vacant land at mangalagiri for Rs 15,00,000 after death of her father.
2. Father died as on 2013. (No will was wrote)
3. Her father was gifted from his father as on 1985 for market value is 74300/- gift consideration is 23250/-
What should be the purchase consideration value to be taken? and capital gain tax?
Abic and Mani Chartered Accountants
Kottayam
B.Com
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ADY & CO.
New Delhi
Graduate (Any)
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AJAY SINGH AND CO LLP
Thane
CA Final
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