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- Thu Jul 26, 2012 1:53 pm
- Forum:
- Topic: Rajesh Answers : Tax Questions on Indian Real Estate, Property Laws, Gifts
- Replies: -1
- Views: 0
Rajesh Answers : Tax Questions on Indian Real Estate, Property Laws, Gifts
Hi I booked from builder under construction flat in Aug 2006 . It will be ready for posession in Oct 2012 . I want to know the following . 1) If I sell before possession , will the gain be LTCG ? 2) If I sell immediately after possession ( means after registry in my name ) , will the gain still be ...
- Thu Jul 26, 2012 1:48 pm
- Forum: Community Lounge
- Topic: LTCG / Under construction Flat / Selling before or after possession ?
- Replies: -1
- Views: 27
LTCG / Under construction Flat / Selling before or after possession ?
I booked from builder under construction flat in Aug 2006 . It will be ready for posession in Oct 2012 . I want to know the following . 1) If I sell before possession , will the gain be LTCG ? 2) If I sell immediately after possession ( means after registry in my name ) , will the gain still be LTCG ...