As i have sold 1 resedenital house ( through registered sale deed) and purchased new resedential DDA approved house through NOTARISED Ageement to Sale and Posession letter, Registered GPA .....................would it create any problem as deal is not through SALE- DEED ...and just ATS ( U/s 54, 54F of IT Act)
Menu
Long term capital gain in case of ats
Replies (1)
As per section 54/54F of income tax act, aquisition of residential property is required and not registration, accordingly purchase of property through ATS should not create any problem.
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
