Capital Gain
This query is : Resolved
24 May 2011
Hi!
I want to ask that if i had bought an apartment in a complex which was registered on 12.04.2007 when it was under construction and i am going to take the possession on 2 June 2011.
Now, if am going to sale that apartment in July 2011 then whether it will be considered as short term capital gain or long term capital gain i.e, whether date of possession is relevant or date of registration in determing the status of Capital Gain..........
I want to ask that if i had bought an apartment in a complex which was registered on 12.04.2007 when it was under construction and i am going to take the possession on 2 June 2011.
Now, if am going to sale that apartment in July 2011 then whether it will be considered as short term capital gain or long term capital gain i.e, whether date of possession is relevant or date of registration in determing the status of Capital Gain..........
24 May 2011
Dear,
The date of resistration or possession which ever is earlier.
The date of resistration or possession which ever is earlier.
24 May 2011
Dear,
the date of resistration or possession which ever is earlier.
the date of resistration or possession which ever is earlier.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
