Valuation of hosue built 50 years ago


Dear Sirs,

I want to sell a house inherited by me. It was built in Year 1966 by my father. For the purpose of calculation of long term capital gains, how to get the value of this property for which no record is available. Which department of the government can give this information ?  I would be grateful to receive a guidance.

Regards

 
Reply   
 
Lawyer

Government had declared ready recokner rate for the perticular area according its value is calculated.

The depreciation is also calculated for past 50 year then todays value is calculated.

If u like my suggestion then give THANK on my profile.

 
Reply   
 


LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

Search Forum:








×

  LAWyersclubindia Menu