How are the profits from transferring an under-construction property before taking possession taxed?

Source: Live Mint I booked a flat for ₹80 lakh in May 2022 and paid ₹70 lakh for the instalment cost. When the building was ready for possession in October 2024, the builder asked for the last instalment of ₹10 lakh. I found a buyer (with the builder’s assistance) willing to buy this flat. The…