Use Reasonable Estimate for FMV of Land on April 1, 1981, When No Concrete Evidence Exists for LTCG Calculation.

Computation of LTCG - fair market value as on 1.4.1981 - When there is no material available on record, which could clearly establish the FMV of the land, in that locality, one has to go by a reasonable estimate - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X