Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2011
some one has taken the possesion of flat constructed by Ansal properties in 1991 by giving token money. afterwards installment had been paid yearly and registry is done in 2005. now in 2011-2012 flat is sold. i want to know which year would be taken as cost of acquisition to calculate capital gain
27 December 2011
The date of possession will be taken as the date of acquisition.
Guest
Guest
(Expert)
27 December 2011
1991 Index will be taken for indexation benefit.
Date of Registry has nothing to do with calculation of LTCG.
Date of Registry has nothing to do with calculation of LTCG.
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