sold value 78lakhs
50% tds deducted on 17-18FY
50% tds deducted on 18-19FY
registration date April 4th i.e., 18-19FY
in which Financial year should I treat capital gains???
please advise
Date of execution of agreement?
What documents executed for receipts of advance in 2017-18?
1% TDS deducted in 2017-18?
When the agreement is executed in March, 2018..... As per section 2(47) of IT act, the transfer gets executed in March, 2018, itself.......
So, capital gains tax liability over full agreement value (though may not have received full amount) arises in FY 2017-18.....
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
