Benefit Capital gain u/s54 when more payment has been done and registry is done at lower prices
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....enefit Capital gain u/s54 when more payment has been done and registry is done at lower prices<br> Query (Issue) Started By: - sinha subod Dated:- 7-10-2025 Last Reply Date:- 11-11-2025 Income Tax<br>....
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....Got 1 Reply<br>Income Tax<br>Sir, if I buy an under construction flat from a seller on premium, (payment 1) and make balance payment to builder (payment 2), all by cheques and with agreements, ....
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....but the builder gets my registry done at price originally agreed with seller ( ie, minus the premium I have paid Ito seller) Will I get Capital Gain benefits of Payment 1 + payment 2 + Cost of regist....
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....ry and other expenses or only of the amount at which Registry is done. Thanking everyone in advance and request for an early response please. Reply By Padmanathan KV: The Reply: Since the "investme....
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....nt" under Section 54 is Payment 1 + Payment 2 + Cost of registry and other expenses, you will be entitled to deduction for that amount provided you have the required documentary evidenced such as agre....
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....ement, payment details, confirmations etc... to prove the same. <br> Discussion Forum - Knowledge Sharing ....
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