A The seller of property has given the property on power to B for 20 lakhs. B has paid the same to A while getting the power regisrered during financial year 2018-19.
B has sold the property for 35 lakhs after making construction and received the amount in his own account during FY2019-20.
My question is whether A has to show his capital gain 10 lakhs calculated after indexing in the IT return for FY2018-19 with selling price as 20lakhs or to show in FY2019-20 IT return with SP as 35lakhs.
Importantly A has received only 20 lakhs in his account.