Poonawalla fincorps
Poonawalla fincorps

Capital gains

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 June 2012 what will be the cost of acquisition where the property is inherited by the assessee after 01.04.1981 and please note that the cost to the previous owner is not accountable or identifiable because it is ancestral property. please reply its urgent.
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
21 June 2012 It will be the fair market value of the property at the time of inheritance and indexation will be provided from that year
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 June 2012 Thank you sir
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links