banner_ad

CAPITAL GAIN CALCULATION DATE

267 views 4 replies
If property allotted in 2011 and registry was done in 2015 which date to be taken for capital gain calculation, the property was sold in Feb 2021.thanks
Replies (4)
As per case laws the 2011 will be the year of acquisition
There are different in views in many judgements also the owner acquire the title of property only when the property gets registerd in owner's name
2011 shall be taken
Registration of property is just a consequential act. when almost all or the full payment us being done by flatholder to builder he becomes the owner and starts enjoying all the rights and duties as flatholder.
so date of acquisition would be allotment date which is 2011.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details