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Capital Gain

This query is : Resolved 
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(Querist)
09 January 2010 If A Property registered on name of assessee from more than three years but not get possession , and he sold the property more that cost of it .Is it will be treated capital gain in assessee's income.
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
09 January 2010 Since the capital asset is registered in the name of the assessee; hence it is treated as capital gains.

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