Capital Gain

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2011 One house consist three floor First F. Occupied by Assessee and Sell in 10-02-2011 of Rs. 2920000. Such house inherited by way of will after died of his mother on 25-07-1996. Such property registered in court and paid Stamp Duty on 14-02-2009 by the assessee and value of such first floor on that date decided by Stamp Value Authority is Rs. 932801/-. so Please Tell me What is The C.O.A. Of That First Floor? Can We tkae COA of Rs. 932801/- and apply Index? there is no other value mentioned in documents and also not awere by assessee.

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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17 June 2011 COST WILL BE THE COA TO PREVIUOS OWNER THAT IS MOTHER
GET THE VALUATION DON EBY A REGD VALUER WHO WILL DETERMINE THE VALUE ON THE DATE THE MOTHER ACQUIRED THE PROPERTY

CA MANOJ GUPTA
JODHPUR
09828510543

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