House property
Querist : Anonymous
& the purchaser sign the agreement by franking the document for Rs.1000/-only & mentioned that he will registered the agreement within 6 months which he has not done yet.
Against the above i have purchase a new flat dt.01-11-2010.
1)If the purchaser does not register the above flat do i have to payable the CAPITAL GAIN?
2) Still the possession of the above flat is with me because he is not register the agreement.
The amount received by you may be treated as advance received against flat.
Querist : Anonymous
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