LTCG on property held for 40 years

Rajiv Gupta (Others) (56 Points)

07 February 2025  

I am planning to sell my property constructed in 1987 in 2025-26 and pay tax without benefit of  indexation. My question is what is the initial cost...actual cost in 1987 or FMV as on 01.04.2021? Thanks in anticipation of clarification.