Capital Gain on house property

Querist : Anonymous (Querist) 03 June 2010 This query is : Resolved
Gd mrg to all..My client purchase land in 1975.He was constructed approx.1100 Sq feet in 1988 and 1100 sq feet in 1995 but their is no documentary evidence of construction.sale out of house in March 2010.
Q.what is solution for capital gain calculation purpose.

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Querist : Anonymous (Querist) 03 June 2010
Gd mrg to all..My client purchase land in 1975.He was constructed approx.1100 Sq feet in 1988 and 1100 sq feet in 1995 but their is no documentary evidence of construction.sale out of house in March 2010.
Q.what is solution for capital gain calculation purpose.

Guest (Expert) 12 July 2010
The capital gain can be valued based on the last sale deed (March 2010).

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