Fair Market Value

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57 Points Joined October 2016
How to ascertain Fair Market Value of a property as on 01.04.1981 for the purpose of computing LTCG?
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On 16 June 2018 at 22:44 Report
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Managing Partner at TAXounting
8742 Points Joined November 2013
Take help of valuation expert
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On 17 June 2018 at 08:33
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Chartered Accountant
349 Points Joined October 2010

The base has changed from 01/04/1981 to 01/04/2000. Hence, go to valuation expert and determine FMV on 01/04/2000.

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On 17 June 2018 at 12:12
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57 Points Joined October 2016
thanks
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On 17 June 2018 at 12:24
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12244 Points Joined May 2017
agree with Mr. kalpesh
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On 17 June 2018 at 22:24

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