URGENT - Valuation Report for 2001 and Indexation

This discussion addresses a query regarding capital gains tax calculation when a sale deed for a property purchased in 1993 is unavailable. The user obtained a 2001 valuation report and wants to know if the reported value should be directly deducted from the sale price or if it needs to be indexed first. The consensus is that the indexed value from the 2001 report is what should be considered for deduction when calculating capital gains tax.