Taxation on sale of property


This query is : Resolved 

Quick Summary
When calculating capital gains tax on property sales, the key date to consider is the date of registration, not the date of possession. This distinction is crucial for accurate tax assessments.

24 March 2022 Dear Sir,

During purchase and sale of property which dates we must consider for calculating capital gain, Date of possession or Date of registration.

Please help me in this matter.

Regards,
Divyesh Jain

24 March 2022 Consider date of registration.

24 March 2022 Ok Sir, Thanks for your reply


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