Construction completed

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4 Points Posted on 15 January 2021
As per section 24 (b) when a house is deemed to be completed? for the purpose of claiming deduction in respect of pre acquisition period
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On 15 January 2021 at 14:21 Report
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This discussion clarifies when a property is considered 'completed' for the purpose of claiming tax deductions on the pre-acquisition period, as per Section 24(b) of the relevant legislation. Key points debated include whether the builder handing over possession or receiving a completion certificate from the municipal authority signifies completion.

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17269 Points Posted on 15 January 2021
When builder gives possession
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On 15 January 2021 at 15:19
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tax consultant
3306 Points Posted on 15 January 2021
Receipt of completion certificate from the municipal authority
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On 15 January 2021 at 22:16

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