CAPITAL TAX

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  1. LALIT KAPOOR 07

    LALIT KAPOOR 07 New Member

    SIR, I HAD BOOKED A FLAT WITH ARMY WELFARE HOUSING ORGANIZATION IN 1997 AND WAS ALLOTTED A FLAT AND POSSESSION GIVEN IN APR 2008. HOWEVER I GOT THE CONVEYANCE DEED REGISTRATION DONE ON 30 MAR 2013. I AM SELLING IT NOW IN NOV 2016. SO THE PERIOD FOR COMPUTATION OF CAPITAL GAIN TAX WILL BE FROM THE DATE OF REGISTRY THAT IS 30 MAR 2013 OR THE DATE OF POSSESSION OF THE FLAT THAT IS APR 2008. PLEASE CONFIRM.
     
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