Capital tax

Nikhil V Sheth (Querist) 28 January 2022 This query is : Resolved
Hi,

I registered my new under construction property on 2nd March 2021. I am yet to sell my existing property.

Basically I have 2 queries

1) What date is considered for exemption of capital gain tax? Registration date or date when I will get possession?

2) Once i sell my old property , lets say within one year of new property purchase, Do i need to immediately transfer money to builder or i can invest it somewhere as I have taken builder subvention scheme where 75% amount is to be paid on possession.

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