SEC 54 - Date of Purchase in case the property is purchased 1 year before the Sale of Original Asset
This query is : Resolved
Quick Summary
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.
1) Date of Agreement of Sale.
OR
2) Date of Possession of the Flat.
22 February 2023
Date of agreement of sale.
22 February 2023
1. Date of registered agreement of purchase.
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