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
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