EASYOFFICE

Capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 June 2015 if flat is sold and loan is outstanding against the said flat, whether the home loan outstanding is deducted from the sale price and also which date is considered as sale date.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
17 June 2015 1. no. loan amount is not deducted.

2. the date on which the title is handed over to the buyer.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
17 June 2015 no, loan is not deducted from the sales proceeds.

sale date is consider as date of agreement of sale
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links