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Calculation of cost of acquisition, Income Tax

Issue Id: - 107659
Dated: 3-12-2014
By:- Sumit Khurana

Calculation of cost of acquisition


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Sir,

we have sold a property in F.Y. 2014-15 which was purchased in 1960. For calculation of cost of acquisition we wand to adopt fair value as on 01.04.1981. From where can we get such value?

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Page: 1


1 Dated: 15-1-2016
By:- MARIAPPAN GOVINDARAJAN

Index is announced every year on the basis of value of the year 1981. You can get the fair value from the Registration Department officials.


Page: 1

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