Capital gain on sale of residencial flat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 August 2015
I am residing in a Flat owned by me.
Now I have purchased a new flat the possession of which was taken on 14/08/2015.The agreement for purchase was made on 15th May 2015. The Conveyance is yet to be done.
Please let me have your expert opinion as for the purpose of exemption under Section 54 for capital gain which date will considered if I sale the present flat.
D S Pagaria
Now I have purchased a new flat the possession of which was taken on 14/08/2015.The agreement for purchase was made on 15th May 2015. The Conveyance is yet to be done.
Please let me have your expert opinion as for the purpose of exemption under Section 54 for capital gain which date will considered if I sale the present flat.
D S Pagaria
Amol S Joglekar
(Expert)
19 August 2015
Date of possession MAY be considered for claiming the exemption u/s 54
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
