16 October 2020
How to calculate capital gain if Flat which was under construction booked in 2010 for amount Rs 200000/- and later on , on demand of builder assesses made payments and got the possession in 2016 but registry done in 2019
16 October 2020
If the initial payment is done by account payee cheque then that date(year 2010) is taken as the "date of the agreement" and on 2,00,000 you can calculate the indexation cost of that year(167 or 184) (Also this asset is long term). All other payments are subject to the respective year's indexations, so you can avail that benefit.
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