Long term capital gain on resale
This query is : Resolved
27 November 2021
Hi
Builder is making me to execute two agreements for under construction property:
1. Sale deed for 60% value
2. Agreement for construction for 40% value
To save registration charges
If I sell the property in future, will my cost of acquisition will be only purchase cost as per sale deed or will it be sum of total purchase cost in both agreements ?
Builder is making me to execute two agreements for under construction property:
1. Sale deed for 60% value
2. Agreement for construction for 40% value
To save registration charges
If I sell the property in future, will my cost of acquisition will be only purchase cost as per sale deed or will it be sum of total purchase cost in both agreements ?
28 November 2021
It will be sum of total purchase cost in both agreements.
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