Akshat Varaiya (229 Points)
16 May 2022
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 16 May 2022
The capital gain will arise in the year of receipt of consideration after the sale deed is registered, i.e., in FY 2022-23.
Mere execution of the sale deed will not accrue capital gain to the transferor until the consideration is also received against the sale.
Akshat Varaiya
(229 Points)
Replied 16 May 2022
CAclubindia
