Poonawalla fincorps
Poonawalla fincorps

Ltcg on sale of residential house

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 April 2018 A has purchased a house and paid to builder in installment from April 2008 to April 2012. Purchase agreement was executed & registered in October 2012. He is selling the house in April 2018. Whether A will get the CII benefit from April 2008 (2008-09) or date of Agreement ie October 2012 (2012-13)
Kindly educate.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
10 April 2018 only from the date of agreement....

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