Capital gain
This query is : Resolved
01 June 2014
sir,
In the case of immovable property
The possession of immovable property got by the transferee but the deed of conveyance is not executed and registered ,
the above situation means TRANSFER OF IMMOVABLE PROPERTY
In the case of immovable property
The possession of immovable property got by the transferee but the deed of conveyance is not executed and registered ,
the above situation means TRANSFER OF IMMOVABLE PROPERTY
01 June 2014
yes but it should be registered for complete transfer of property.
Message likes :
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Nikhil Kaushik
(Expert)
02 June 2014
for income -tax purposes once the possession changes hand, transfer is triggered.
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