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Capital gains

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(Querist)
03 July 2018 Hi,
Is it possible for the builders to sell the properties with out entering into sale deeds.If so what is the point of taxation for calculation of capital gains?

Thanks in Advance.
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CA Ankit R Momaya

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CA Ankit R Momaya (Expert)
04 July 2018 For builders , income will be assesses under Profits and Gains from Business or Profession and not Capital Gains.

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