Hello
I had invested the capital gains in a under construction property in March 2022 to claim exemption from paying ltcg. the property is ready but occupation certificate is still unavailable as the road and sewer works are not complete from government side. Hence unable to go for registration before the end of 3 year period. I don't have any documents except the payment receipt. If I enter into a sale agreement with the builder will this document be sufficient as a proof ? And is it mandatory to register the sale agreement ?
Kindly clarify. Thanks.
CAclubindia
