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(Querist)
25 September 2012 when can a house be considered as sold from the below options under the IT Act in order to take the take the benefits.
A. Date on which advance (25%) Paid.( 2 Feb 2010)
B. Date of Stamp duty Paid.(7 May 2010)
C. Date of Agreement made( 8 June 2010)
D. Possession of the property (9 Sep 2010)
E. Full Payment made( 31 dec 2010). Please provide with some case study to prove your portion. Thankyou.
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CA. Subhash Dangi

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CA. Subhash Dangi (Expert)
25 September 2012 The most appropriate date shall be the Date of Agreement ie., 8th June, 2010.
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pranjal

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pranjal (Querist)
05 October 2012 HI,
What if that date of agreement (8th June)pushes me to below 3 years dead line which means i have to pay short term taxes.
Whats the remeady???/ How can i make my self comfortable.. Can Point a or b work in my favour??????/
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