Ready Reckoner 2001 02 Mumbai Pdf [top] May 2026
Accessing the 2001-02 Mumbai Ready Reckoner (Annual Statement of Rates) requires visiting local Sub-Registrar offices or engaging registered valuers, as online government archives focus on recent data. These rates are vital for determining April 1, 2001, Fair Market Value for capital gains, with historical records occasionally available through niche publishers. For more information on accessing the 2001 valuation, see the discussion at NoBroker Forum .
Finance Act 2017
The significance of the 2001-02 rates stems from the , which shifted the capital gains base year from 1981 to 2001. ready reckoner 2001 02 mumbai pdf
- IGR Maharashtra’s website (they have recent years only)
- Maharashtra government archives
- General Google searches (mostly link to current or post-2010 RRs)
Why Would You Need the 2001–02 Ready Reckoner?
- Indexation Base Year: The Income Tax Department allows Fair Market Value as of April 1, 2001 as the cost of acquisition. You do not need an actual receipt of purchase. The Ready Reckoner 2001-02 is the primary evidence for this FMV.
- Cost Inflation Index (CII): For FY 2001-02, the CII was 100. For FY 2024-25, it is 363. So, if the 2001-02 circle rate for your property was ₹10 lakh, the indexed cost becomes ₹10 lakh * (363/100) = ₹36.3 lakh. This drastically reduces your taxable capital gains.