Capital gain

The monetary transaction was completed in 2004-2005, registration of sale deed was done now, no monetary transaction took please in current period.
Capital gain will be calculated when monetary transaction take place 2004-05 or when registration is done 2020?
Replies (3)
Quick Summary
This discussion explores the timing of capital gains tax calculation. The core question is whether the tax is triggered by the original monetary transaction in 2004-2005 or the sale deed registration in 2020. Participants debate the validity of registering a sale deed years after the initial payment, questioning the logic and implications for capital gains tax.

When registration is done.
Batra


This is not acceptable.
monetary transaction cannot be made unless actual transfer of the capital asset takes place.
In general these type of transactions does not take place.
How come he takes money first and after so many years he is making sale deed
first this types of thing is illogical
now what is shown in sale deed
date of transfer ??
date of sale??
and all

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register