Capital gains for taxation on sale of property - Date of ...

Capital Gains Tax on Property Sale: Date of Transfer Set as December 11, 2008, u/s 2(47) of Income Tax Act.

August 2, 2023

Case Laws Income Tax AT

Capital gains for taxation on sale of property - Date of Transfer u/s 2(47) - Developer happens to be the signatory of the sale deed, therefore, the Developer cannot issue a document contrary to the contents of the registered document to which he is a signatory. Undoubtedly, the possession has been given only on 11.12.2008 and therefore, it was taken place only on 11.12.2008 and hence we do not find any merit in the appeal of the assessee. - AT

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Capital gains for taxation on sale of property - Date of ...

Capital Gains Tax on Property Sale: Date of Transfer Set as December 11, 2008, u/s 2(47) of Income Tax Act.

August 2, 2023

Case Laws Income Tax AT

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