Capital gain exemption

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2012 U/s 54, 54B, 54F New Residential Property is to be Purchased Within 2 Year.
So The Two Year is to be Counted till
>Agreement Date
>or Possession Date
> or specify any other criteria if any

Amol S Joglekar

Amol S Joglekar (Expert)
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21 August 2012 from the date of transfer of the 'capital asset'

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2012 Transfer Here Measn
Agreement Date Made
or Physical Possession
or any ?

Amol S Joglekar

Amol S Joglekar (Expert)
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21 August 2012 you need to provide the details of the case in order to get a MATHEMATICAL answer. You need to take into account the 'agreement to sale'... conveyance deed' agreement without possession, possession at later date.... please provide the dateils

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2012 I Mean What is Important.
Agreement Date / Sale Deed
or Possession
Ownership

Amol S Joglekar

Amol S Joglekar (Expert)
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21 August 2012 The important is the FACTS of the case. Nothing can be taken as SOLE confirmatory TEST.

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