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Capital Gain on sale of commercial plot purchased before 50 Years
commercial open plot property is purchased before 50 years, If sold in currect tube, what will be indexing cost of said property, as of Jantri of 1981, 1991 or 2001 ?
Replies (5)
Quick Summary
Jantri value as of 2001.
Okay, thanks,
From where I can get Jantri value as of 2001 gur Ahmedabad
Sub-Registrar office of your circle.
You can get the value as on 1/4/2001 from the state govt portals or get a registered valuation engineer to do the work for you with a valuation report . That would make things bit more authentic when you get any questions during assessment.
With indexation 20 % CG tax without 12.5% tax is applicable on the computed capital gains .
Okay, Thanks a lot...
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