Capital gains

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  1. Sai Karthik

    Sai Karthik New Member

    I was a member of Mysore bank co operative society from 1962-2011.At that time I was allotted a site in 1964 with allottment certificate.
    the same was registered on my name in 1980.

    Now in 2013,I sold the site.for calculating capital gain on sale,Which date to be considered as date of acquisition?
    Whther date of allottment or date of joining society or date of registration?
     
  2. Chandrashekar M

    Chandrashekar M Active Member

    It is the date of allotment.
     
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