Can anyone provide me with ready recknor for the year 2001 for Mumbai Suburban District. Need this to calculate capital gains on sale of property purchased in the year 1989. Thanks in advance
Ready recknor for year 2001
Replies (1)
To find the 2001 Ready Reckoner rate for your property, contact a government-registered property valuer who can provide a certified valuation for April 1, 2001. This value is used as your "deemed cost" to calculate indexed capital gains, which can significantly reduce your tax liability compared to using your original 1989 purchase price.
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