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When to tax ltcg

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(Querist)
03 July 2015 i executed an agreement to sale of residential house in year 2013-2014 but sale deed got registered in 2014- 2015 then in which year capital gain taxable?
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
03 July 2015 The capital gain is taxable in P.Y. 2013-14.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 July 2015 if the possession was not handed over in 2013-14, then it will be taxed in 2014-15 only when the sale deed was registered.




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