Technical notes and longer essays on the capital gain valuation questions CAs and assessees ask most frequently — how Section 50C works and when the Section 50C(2) challenge is worthwhile; why the Section 55(2)(b) substitution combined with the Finance Act 2024 transitional produces the optimal outcome for pre-2001 property; how cost of improvement is assessed when the original contractor invoices are missing; and how the multi-asset family estate capital gain position is managed under one roof.
Capital gain valuation often turns on questions that cannot be answered by a simple market quotation. The relevant acquisition date, statutory valuation date, evidence of historical value, improvement expenditure and applicable tax provision can materially change the outcome.
These practice insights examine the valuation side of those questions — from Section 50C SDV challenges and Section 55(2)(b) 1 April 2001 FMV to the Finance Act 2024 transitional computation, Section 48 cost of improvement and coordinated valuation of a multi-asset family estate.
The objective is practical: to help CAs, taxpayers, legal professionals and advisers understand where a Government Approved Valuer’s certificate becomes an important part of the capital gain file.
Twelve technical subjects forming the foundation of the practice’s Capital Gain Valuation research library.
Understanding the SDV mechanism, the valuation challenge and the circumstances in which a lower genuine market value becomes relevant to the capital gain computation.
Read Research Note →A technical look at the retrospective FMV mechanism and its importance for long-held capital assets acquired before the statutory valuation date.
Read Research Note →Comparing the two transitional approaches for eligible pre-23 July 2024 acquisitions and examining how historical valuation evidence can affect the result.
Read Research Note →Exploring the relationship between the 1 April 2001 base value, the Cost Inflation Index and the resulting indexed cost used in transitional capital gain computations.
Read Research Note →Examining how physical improvements, construction history and engineering evidence can be approached where original contractor documentation is incomplete or unavailable.
Read Research Note →How multiple asset classes within one family estate can be approached through a coordinated valuation architecture rather than disconnected asset-by-asset estimates.
Read Research Note →A specialist examination of the interaction between company-held artistic assets, unquoted equity and Section 50CA FMV considerations.
Read Research Note →Exploring how high-value contemporary Indian art comparables can influence the retrospective valuation analysis for long-held artistic assets.
Read Research Note →Looking at the valuation evidence surrounding jewellery, FMV determination and the documentation supporting a reinvestment-related exemption position.
Read Research Note →A coordinated look at valuation, historical cost, property transfer and the documentation relevant to NRI capital gain transactions.
Read Research Note →Understanding the valuation and certification considerations surrounding net worth determination in a slump sale capital gain framework.
Read Research Note →A reference-oriented examination of the Cost Inflation Index series and its role in calculating indexed cost for applicable historical capital gain positions.
Read Research Note →Whether the issue concerns Section 50C, Section 55(2)(b), historical FMV, cost of improvement, Finance Act 2024 transition or a multi-asset family estate, discuss the valuation requirement with the practice.