capital gain
This query is : Resolved
27 February 2010
some one sale one residential property sept 2009. When he will open to capital gain a/c from date of sale. And what time frame to purchase new residential propery for save capital gain long term.
Now we booked new property july 2010 & agreement befor july 2010
it is must to possession of property before july 10
if possesion will get july 11 . plese give us your view for capital gain.
Now we booked new property july 2010 & agreement befor july 2010
it is must to possession of property before july 10
if possesion will get july 11 . plese give us your view for capital gain.
Aditya Maheshwari
(Expert)
27 February 2010
The last date will of opening the capital gain a/c will the due date of filing income tax return i. e. 31.07.2010.
27 February 2010
He can purchase a new residential house property with in 2 years from year he sold his residential house property.
CMA Arif Farooqui
(Expert)
02 March 2010
continue with expert , he can construct a new house in 3 years from date of transfer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
