Cost inflation indexation

it will be calculated according to new cost inflation index based on 2001

Yes, but if it is bought in 1994, simply using a table with 2001 as base year will not help. In fact, that is why I need help to calculate the tax liability.

what to do you want brother

just take the FMV on 2001 as the cost of acquisition and index it

FMV will not be less than the cost of acquisition in any case

I don't want your theoretical knowledge. Since you know the subject, which I do not, please evaluate the tax liability (in Rs.) and tell me. This is what I want.

sabse pehele Fair market value nikalvao kisi registered valuer se for on the safe side phir us value ko index karo indexation table se

at last sales consideration me se jo indexed cost aayi hai minus kar do


yahi aapka gain ya loss hai


aapke case me aapne 1 lakh purchase value batayi hai vo kisi kaam ki nahi agar FMV usse jyada hai to

new index of capital gain applicable..in both cases