Long term capital gains
prasad (government employee) (225 Points)
27 December 2019
Whether unregistered deed for transfer of capital asset can be taken a tool for levy of capital gains?
2 Replies
Kapadia Pravin
(17264 Points)
Replied 27 December 2019
Sir, who will buy without registration of Deed ??
Registration is in buyer's interest and buyer will surely insist on it.
Registration is in buyer's interest and buyer will surely insist on it.
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 28 December 2019
It is a deemed transfer.. if possession of capital assets transferred then it is a clear case of capital gain...
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