Capital gains - Transfer of Property - selection of assessment ...
Capital gains from property transfers are taxed in the transaction year, even if not finalized or registered.
February 28, 2018
Case Laws Income Tax AT
Capital gains - Transfer of Property - selection of assessment year - capital gains would be taxable in the year in which such transactions were entered into, even if the transfer of the immovable property was not effective or complete for want of registration under the general law. - AT
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