Date of transfer in case of sale of immovable property

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Please tell me which will be the date of transfer from Agreement to sale & Sale deed for the purpose of Capital Gain calculation with section/ rule/ notification reference (if any) at the earliest..........................

Replies (2)

Normally the Date of Sale Deed where the possession of the Property got transferred. Suppose, the Agreement of Sale, with substatial Part of sale amount and supported by a Conveyance Agreement where, the possession of property has been conveyed to the purchaser, then irrespective of the Sale Deed, the Date of Agreement of Sale can be considered for Capital Gain Calculations as Well as for the Value U/s.50C

sir you mean depending on circumstances ........... ok

thank you sir.


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