Date of transfer of immovable property for purpose of cg.
This query is : Resolved
20 February 2013
Which date to consider as date of transfer for purpose of calculation of capital gains?
a) Registration date
or
b) Date of handover of possession?
a) Registration date
or
b) Date of handover of possession?
CA PARAS BAFNA
(Expert)
20 February 2013
If the registered sale deed is having a mention of possession date, then possession date may prevail.
.
Some times documents are registered after giving possession of the property through possession letter.
.
The property is deemed to be transferred on the date of possession by the vendor to the purchaser.
.
Some times documents are registered after giving possession of the property through possession letter.
.
The property is deemed to be transferred on the date of possession by the vendor to the purchaser.
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