Assessment year
This query is : Resolved
24 March 2015
if property is sold on 30.04.2014 to which assessment year it
does fall to calculate capital gains. either a.y 2014-15 or 2015-16
24 March 2015
Property sold in FY 2014-15 therefore AY 2015-16.
Rupesh Jain
(Expert)
24 March 2015
in year 2014-15 taxable in 2015-16...
24 March 2015
if the asset was transferred in fy 2014-15 then it will taxable in fy 14-15 only
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