Capital gain - applicability

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Fact of the Case :

Date of Purchase of Flat : 01.01.2012

Possession of Flat received on 01.06.2013

Date of Sale of Flat : 15.03.2016.

Whether Indexation benefit will get on the same ?

While calculating period of 3 years, Which date is relevant date of Purchase or Date of Possession ? 

 

 

 

 

Replies (2)

If agreement for purchase of flat is registered on 01.01.2012 then the relevant date would be the agreement date and not the possession date

you can claim benifit of indexation being a trf of long term capital asset

Thanks Priyanka


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