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Income TaxPurpose

Cost of construction: If any Assessee construct a building or renovate for the existing building, the construction cost should be declared to Income Tax Department. We will help the Assessee to estimate their Construction Cost, if proper records like bills, vouchers for all the items are not maintained.
Capital Gains: Capital gain valuation is the valuation which is used to identify the capital increase or decrease of your property asset. The valuation can be as current or as retrospective.Valuation as current means capital gain evaluated with respect to current market where as retrospective valuation,it is to determine the value at a previous date or point in time.A capital gain may be short term or long term.Short term refers to the time duration one year or less than one year where as long term refers to more than one year.The gain is not applied until the asset is sold.

Required Data:

  1. Request letter for purpose of Valuation along with applicant’s address and contact details.
  2. Ownership documents like Sale Deed / Gift deed /partition Deed / Lease deed etc.
  3. Sanction plan / Approved plan by concerned Municipal authorities.
  4. Period of construction
  5. Execution plan along with structural drawings if available.