Dear Experts,
Here is the context:
2009: Bought property at Faridabad (Haryana)
2013: Possession offered by Builder
2013: Possession not taken due to disaggrement with builder on final payout amount. Filed the consumer court case.Court stayed the proceedings.
2017: Court stay continues and Talks with Builder to settle the issue based on court instructions.
Q. What if possession/Registration is done in 2017 and property will also be sold in 2017 itself? Does this attract short term capital gain ?