Date of acquisition

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 June 2016 one the client sold the property settled by father, the date of sale is within the two years from the date of settlement, but father bought the said property some 15 years back. I kindly request the experts to advice which date to be taken for the purpose of capital gains

Rupesh Jain

Rupesh Jain (Expert)
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07 June 2016 date of purchase will be last owner date, how dont owned the property like the current person. date will the father date of purchase if father don't take property like that.