I want to know if an individual recieved advance money against sale of flat/plot in one year & agreement is entered into in the next f.y ,in which year capital gains calculations be made?
CA Ketan Mahajan (Chartered Accountant) (46 Points)
12 June 2011I want to know if an individual recieved advance money against sale of flat/plot in one year & agreement is entered into in the next f.y ,in which year capital gains calculations be made?
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 12 June 2011
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961