The capital gain will arise in the year of receipt of consideration after the sale deed is registered, i.e., in FY 2022-23.
Mere execution of the sale deed will not accrue capital gain to the transferor until the consideration is also received against the sale.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
