Dear Friends & Experts...
Please help me............
Case - I : - If anybody sale property in F.Y. 2010-11 and received all payment
and if registry is made in F.y. 2011-12 then when will be the capital gain taxable...
Capital Gain is taxable in the year of receive of payment or in the year when the registry is made.
Case - II :-
and also if the poseession is given in F.y. 10-11 then what will be the traeatment
or if possession is given in F. Y. 2011-12 the what will be the treatment...
Please suggest as soon as possible....
Thanks,
Varun Arora
varunarora28 @ yahoo.co.in
09888777804
CAclubindia
