Menu
Treatment of memorandum of understanding
person purchased a flat by memorandum of understanding n DLC is more than purchase, date of agreement and date of purchase is different. whether there is LTCG. what treatment should be done in this case
Replies (2)
Quick Summary
If the date of agreement for the flat purchase and the date of the actual purchase are different, the cost of acquisition should be determined based on the agreement date. LTCG will be applicable.
LTCG applicable in your case. Use date of agreement for calculation of indexation.
Recent Topics :
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
