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SEC 54 - Date of Purchase in case the property is purchased 1 year before the Sale of Original Asset

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(Querist)
22 February 2023 What will be considered as the Date of Purchase of the New Asset (Residential House) which is required to be purchased 1 year before the Sale of Original Asset (Residential House) as per the requirement of Section 54:

1) Date of Agreement of Sale.
OR
2) Date of Possession of the Flat.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 February 2023 Date of agreement of sale.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 February 2023 1. Date of registered agreement of purchase.
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