Transffer u/s 2(47)(v) of income tax act,

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

29 March 2015 I have an query
In case where agreement has made for sale of immovable property and part payment of sale consideration has received on agreement date which is 25.3.2014

Now Possession, registry and payment all the event has taken place in next year i.e on 25.5.2014
Now my query is when the immovable property shall be consider as transfer as per Income tax act 1961,
and what circle rate shall apply for calculating capital gain

Please clear my doubt as possible clearity

Thanks and regards
Greeting of the day

Querist : Anonymous

Querist : Anonymous (Querist)

06 April 2015 Dear Users Please response...