I am planning to sell a flat in 2023. I am finding very conflicting information on internet for defining the date of purchase of the flat. Which one of below (or any other) is the correct year for the date of purchase for the purpose of calculating LTCG?
1. Date of Allotment - 2011
2. Date of Possession - 2012
3. Date of Registration - Haven't done till date
Note, entire money was paid up prior to date of allotment or possession or registration by availing home loan in lumpsum manner (not construction linked payment plan). This entire money payment was done in year 2007.
CAclubindia
