How can we consider the cost of acquision of a house that is acquired before year 2001 ?
Is there any other option than having a valuers certificate?
can we take stamp duty value of that house on 1-4-2001 as cost of acquision?
Replies (5)
Quick Summary
This discussion addresses how to determine the cost of acquisition for properties purchased before 2001. It clarifies that the Stamp Duty Value (SDV) as of 1st April 2001 can be used as the cost of acquisition, offering an alternative to a valuer's certificate. The sub-registrar's office or their website is recommended as the source for obtaining this historical SDV.