Easy Office
LCI Learning

Date of Acquisition of Property for Capital Gains

This query is : Resolved 

22 July 2022 My Parents had booked a property in NOIDA in FY2010-11 by paying 90% of property value. The construction of the property was delayed. During the period my parents expired and the property was passed on to me.
The possession of the property was taken in FY2018-19 after balance payment was made by me. The property was registered in my name in May 2019. I have sold the property in Sept 21.
Please advise what should be the date of purchase/acquisition to be considered for calculating the indexation/LTCG benefit
Thanks in advance

23 July 2022 Consider it as 2010-11 the year of booking.



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query