House Property Bought from Own Funds and than Sold

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..... House Property Bought from Own Funds and than Sold
Query (Issue) Started By: - Arpit Jain Dated:- 11-12-2014 Last Reply Date:- 27-12-2014 Income Tax
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Income Tax
Could you pleas .....

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..... e 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 which I get the sal .....

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..... e 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 registered in .....

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..... my name. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether the transaction is in the individual capacity or in the capacity of business?
Discussion Forum - Knowledge Sharing .....

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