banner_ad

Capital gain

This query is : Resolved 

25 September 2014 A LAND WAS PURCHASED BY REGISTERED TITLE DEED EXECUTED ON 01/01/10. FOR SALE AN REGISTERED AGREEMENT WAS EXECUTED ON 01/01/12 I.E. AFTER 2 YRS & 11 MONTHS IN WHICH 90% SALES PRICE RECEIVED AND POSSESSION HANDED OVER. ON 01/02/13 I.E. AFTER 3 YRS AND 1 MONTH, BALANCE PAYMENT RECEIVED AND FINAL SALE DEED EXECUTED. WHTHER IT WOULD BE LONG TERM CAPITAL GAIN .

25 September 2014 when did the name tranfer in records took place is not mentioned?

25 September 2014 obviously on 01/01/10 for purchase and on 01/02/13 for sale

25 September 2014 then its long term and not short term.

25 September 2014 It is long term capital gain.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details