Date of acquisition

Property sold and half payment received in F.Y. 2020-21 (current year) through the sale agreement but registry and other half of payment will be done in F.Y. 2021-22 (next year).

Q1: In which year the property is deemed to have been sold, F.Y. 2020-21 or F.Y. 2021-22 ?
Q2: What will be the sales consideration, half price or full price ?


One more query, how much amount should be deposited in the Capital Gains account, full sales consideration or only the capital gain part ?

Thanks & Regards
Replies (1)
1 FY 2020-2021
2. full price
3. full consideration

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details