A proerty is purchased in 1962 and built a house on that in same year. Approx expenses were Rs.12000/- in 1962, and today no purchase deed of that or any paper is available. And today (in F.Y.2009-10) it is sold for Rs.15 Laks.(Sale deed is available). How to calculate capital gain on that? I tried for Governments Registery office to get registery details but no response fron them.(To get 1981,market value for indexation) . I have todays market value certificate available from them.....Please help on this, very urgent......
CAclubindia
