banner_ad

Capital Gain on sale of property.

Final 287 views 5 replies
Mr.A Sale his Flat for Rs.20Lacs. and after this Mr.A purchase new flat from Mr.C.

question is : New purchase flat is mahada flat so previous owner Mr.C cant not sale flat before 5 years. But both seller and purchaser made sale agreement and Mr.A paid money to Mr.C by way of Cheque.

NOW Mr.A can claim U/s54.?
Replies (5)

Yes, provided possession of flat is received legally.

Yes, Exemption would be allowed.
yes u can claim
addition to my question flat is not register and stamp duty is not paid, also not transfer share certificate of mahada flat, all documents trs after 5 years, then also can I claim F.Y.17-18.

No.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details