banner_ad

Capital Gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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..........
Profile Image

CA. Himansu Sekhar Kabi

Profile Image

CA. Himansu Sekhar Kabi (Expert)
24 May 2011 Dear,
The date of resistration or possession which ever is earlier.
Profile Image

CA. Himansu Sekhar Kabi

Profile Image

CA. Himansu Sekhar Kabi (Expert)
24 May 2011 Dear,

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


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details