10 December 2013
Mr. A want to sell his immovable property to Mr.B in Rs.10 Lacs, which was purchase by Mr.A on 31.03.2010. Mr.A Received Rs.2 Lac on 25.03.2013 as advance money. later on Mr. A transfer the property to Mr. B on 01.05.2013 and received balance amount ie Rs 8 Lacs. So what will the date of Transfer for computing Capital Gain and Period of holding ?
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