TMI BlogHouse Property Bought from Own Funds and than SoldX X X X Extracts X X X X X X X X Extracts X X X X ..... Could you please advise how to treat the amount received from sale proceeds of a flat for which the amount was paid from own pocket? Second Question: In case I sell the flat on the same price on whic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h I get the sale deed registered to buyer, how the amount received will be treated? This will be a case of short term capital gains. As I will sell the property on the same date on which I will get it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... registered in my name. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether the transaction is in the individual capacity or in the capacity of business? - House Property Bought from Own Funds ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and than Sold - Query Started By: - Arpit Jain Dated:- 11-12-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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