Q. When a capital asset was acquired on 01.04.1980 and sold in June, 2017, the cost of acquisition or the fair market value of the asset as on ------, at the option of the assessee is to be adopted for indexation purpose: (Solved)
1. 01.04.2011
2. 01.04.2001
3. 01.04.1991
4. 01.04.1981
- b. 01.04.2001