Capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2013 Client have purchased underconstruction in 2008.
Token 5Lac in May 2008.
Purchase Deed Aug-2008 of Cost 29.5Lac.
Due some issues Builder modified the plan and done rectification deed in 2011.
Got the Possession in Jan-2013.
And other Cost of Service tax/ Registration / VAT is 4Lac.

Client have signed Sell MoU of 70Lac in May-2013.

And Purchansed new house in Week After by Token of 5.25Lac.


Whether this shall be STCG or LTCG.

29 May 2013 pls take date from possession as owner ship date

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2013 Hence this shall come under STCG.

However, This was under construction more that 4 years.

Hence, is there any Clause where consumer have expemt from STCG if builder takes unexpectedly more time for possession??

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2013 Hence this shall come under STCG.

However, This was under construction more that 4 years.

Hence, is there any Clause where consumer have expemt from STCG if builder takes unexpectedly more time for possession??


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