Capital gain
This query is : Open
17 November 2017
Agreement for sale and amount of sale was received fully before 31/03/17 but Registration of sale of property was made after 31/03/17. in which AY Capital Gain is Taxable? In AY 17-18 OR AY 18-19?
Studentsca
(Expert)
17 November 2017
Capital Gain is taxable in year of transfer, in your case date of agreement will be date of transfer.
Therefore it will be taxable in AY 17-18.
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