For a property sale, Schedule Capital Gains requires the “Value of property as per stamp valuation authority”.
Four sisters who inherited a flat sold it last year. The CA handling the sale provided most of the information at the time of the sale. We have the sale deed and previous sale deed - so both have the original cost and sale price. The indexation calculation was also provided (house sold before tax law changes)). What we don’t have is the “Value of property as per stamp valuation authority”. Sadly, that CA is no longer available.
The property is in Bangalore. So, how would we find the “Value of property as per stamp valuation authority” for a property in Bangalore?
To find the “Value of property as per stamp valuation authority” in Bengaluru, visit the Kaveri Online Services portal and use the “Know Your Property Valuation” tool.
Thanks for the response. I’ve visited the Kaveri Portal and looked at the portal as you’ve suggested. This is for the sale of a flat. There are two components in the deed. The flat itself (1530 sq ft) and the undivided share (466 sq ft). Since the portal takes sq m, I can obviously convert those numbers to sq m. But the portal just takes one “area” one calculation - not sure what I do with the two areas that I have as I’m sure different rates are used for them.
The Kaveri Online Services webpage can help you find the “Value of Property as per Stamp Valuation Authority” in Bengaluru. Simply enter your property information, such as district, location and street name, into the “Know Your Guidance Value” section.