One person has got property in the year 1980 during family partition.
Now he is planning to sell the property.
All these years he has not shown property in books of accounts.
Now if he sells, how to calculate capital gains
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Computation of capital gains
Replies (2)
Take Indexation 2001-02 for purchase and Cost 01-04-2001
Sale Consideration as on sale actual sale year
cost will be FMV as on 1.4.2001
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