2016 (8) TMI 1135

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....: This appeal has been filed by assessee against the order of Commissioner of Income-Tax (Appeals)-35, Mumbai, dated 07.08.2012 for A.Y. 2007-08 on following ground: ITA No.6505/Mum/12 A.Y. 2007-08 [Surinder Mohan Khanna v s. ITO] Page 2 "The learned CIT(A) has seriously erred in holding that the flat no. A-701, of the assessee in Sheetal Vihar, Dwarka, New Delhi - 110075 which was sold on 5th ....

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....d to flat no.701, of the assessee in Sheetal Vihar, Dwarka, New Delhi which was booked in the year 1986 and was sold on 5th June, 2006. Meanwhile, assessee has discharged his responsibilities by paying entire cost in March, 2006. Now question is whether date of booking will be taking for the purpose of computation of capital gain or date of final payment for the flat in question. We find that the ....