https://www.taxtmi.com/forum/issue?id=3989 Taxpayers claiming historical FMV as a percentage of sale proceeds for shade trees must support that FMV with valuation by an approved valuer; once determined, that FMV is eligible for indexation. Tribunal practice that previously accepted fixed cost-to-gain ratios has been adjusted where market appreciation has altered the sale to historic value relationship, leading tribunals to modify the percentage allocation between cost and capital gain. en-us Wed, 04 Apr 2012 10:59:36 +0530 Thu, 23 Jan 2025 15:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3989 Taxpayers claiming historical FMV as a percentage of sale proceeds for shade trees must support that FMV with valuation by an approved valuer; once determined, that FMV is eligible for indexation. Tribunal practice that previously accepted fixed cost-to-gain ratios has been adjusted where market appreciation has altered the sale to historic value relationship, leading tribunals to modify the percentage allocation between cost and capital gain. Discussion-Forum Income Tax Wed, 04 Apr 2012 10:59:36 +0530 https://www.taxtmi.com/forum/issue?id=3989