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Calculation of cost of acquisition

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..... Calculation of cost of acquisition
Query (Issue) Started By: - Sumit Khurana Dated:- 3-12-2014 Last Reply Date:- 15-1-2016 Income Tax
Got 1 Reply
Income Tax
Sir, we have sold a property .....

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..... 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? Reply By MARIAPPAN GOVINDARAJAN: Th .....

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..... e Reply: 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.
Discussion Forum - Knowledge Sharing .....

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