28 June 2013
I HAVE A FLAT IN JOINT NAME WITH MY WIFE AND SECOND IS MY NAME WHICH HAS BEEN BOOKED IN 2007 AND POSSESSION AND REGISTRY HAS BEEN DONE ON 2013. NOW I WANT TO SALE IT ON 20 LAC AND PURCHASE PRICE OF RS 7 LAC. WILL I GET THE BENEFIT OF LONG TERM FROM BOOKING DATE OR THE INCOME WILL BE CALCULATE AS USUAL ?
CAclubindia
