Question ID :
44965
capital gain on ancestral property
Sir
A property which has been obtained as from ancestor of 1961 will is now being sold on 22-23 period.so we need to know the cost of acqusition value to be taken for indextion.Shall we need to take it as 1 lakh as on the date of sale?
Posted by
SINSH. M E
on
Feb 16, 2026
Filed Under
Capital Gains
You can get a valuation of its market value from valuers or brokers and then index it.....
Posted by
SIVADAS CHETTOOR on
Feb 21, 2026
Answer ID :
86095
Take the collector valuation for the year 2001
Posted by
CA JEET REWRI on
Mar 05, 2026
Answer ID :
86113
You can take estimated market value as on 1-4-2001
Posted by
SIVADAS CHETTOOR on
Apr 02, 2026