FOR THE PURPOSE OF CALCULATION OF CAPITAL GAIN THE PERIOD OF HOLDING SHOULD BE TAKEN FROM DATE OF REGISTRATION or DATE OF POSSESION ?
iF INTHE CASE A PROPERTY IS REGISTERED AND THE DATE OF POSSEION IS LATER THEN CAN THE ASSESSE CLAIM EXEMPTION OF SEC 54 IF HE REINVEST IT IN NEW HOUSE PROPERTY?
PLS ADVICE WITH CASE REFERENCE IF ANY
yeah you can
possesion is immaterial
the main pointis that whether u have utilsed that amount within prescribed period or not?
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
