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Capital Gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2011 If i take fair value of 1981 as purchase cost, can i get the indexation benefit.

eg. i have property purchased in 1969 for Rs.30000/-,its fair value in 1981 in Rs.9 Lacs.Can i get the indexation benefit on Rs.9 Lacs ?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
06 January 2011 yes u can.

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