Capital gain-Partial consideration received.
This query is : Resolved
13 June 2022
Hi All
One of my clients has sold the property in FY 21-22 and received partial consideration on agreement to sell. Still Sale deed is pending and partial consideration is also not received. When is the capital gain calculations are to be made ? in FY 21-22 or FY 22-23.
Thanks in advance.
One of my clients has sold the property in FY 21-22 and received partial consideration on agreement to sell. Still Sale deed is pending and partial consideration is also not received. When is the capital gain calculations are to be made ? in FY 21-22 or FY 22-23.
Thanks in advance.
14 June 2022
Capital gains arises in FY 22-23 when sale deed is executed.
Message likes :
2 times
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
- Traces Portal
- U/s.234E late fee- balated filing the TDS returns
- Capital Gain Incidents
- Cheque bounce intimation letter
- Form 121 of income tax
- Minor - PPF Rules Doubt
- Applicability of corporate governance provisions as per the SEBI LODR
- Unable to login
- Appeal before the CIT (A) - Form
- Capital gain property
- ERROR IN GSTR1 NO SUMMARY GENERATED
- Minor Aadhar card cancelled
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
