https://www.taxtmi.com/forum/issue?id=118355 Where an allottee obtains an allotment letter under a self financing allotment scheme and the allotment is final, the allottee is treated as acquiring title on issuance of the allotment; thus the date of allotment is the date of acquisition for capital gains purposes and transfer of the allotment has been treated as taxable capital gains, including as long term capital gains if the holding period is satisfied, notwithstanding non execution of a registered sale deed. en-us Fri, 03 Feb 2023 00:53:13 +0530 Thu, 23 Jan 2025 15:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118355 Where an allottee obtains an allotment letter under a self financing allotment scheme and the allotment is final, the allottee is treated as acquiring title on issuance of the allotment; thus the date of allotment is the date of acquisition for capital gains purposes and transfer of the allotment has been treated as taxable capital gains, including as long term capital gains if the holding period is satisfied, notwithstanding non execution of a registered sale deed. Discussion-Forum Income Tax Fri, 03 Feb 2023 00:53:13 +0530 https://www.taxtmi.com/forum/issue?id=118355