Mr A had brought house in 1995 at rs.6lakhs and sold on March 2025 . @ rs 1,50,00,000
However for capital gain purpose, we have 2 scheme, with and without indexation
But cost of acquisition I can take of F.M.v of that house as on 1-4-21 instead of 6 lakh
In indexation scheme i can use that f.m.v of flat multiply by cii of current year divide by cii of 2001 year
Plz advise
CAclubindia
