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Question ID : 44683

Valuation of House property

Assets purchased in AY 2014-15 and ITR filed at cost without taking valuation difference. Even ITD not raised any objection thereof. on sale of the same, what would be the cost of acquisition, actual price or valuation price as per the registered deed. Both value is mentioned in the deed.

Posted by CA. SURAJ KUMAR CHOUDHARY on Jul 11, 2024

Filed Under Capital Gains

Answer ID : 85676

actual cost alone can be taken

Posted by SIVADAS CHETTOOR on Feb 16, 2025