CA Day celebration 2024 Easy Office
LCI Learning

Clarification on ltcg

This query is : Resolved 

20 May 2012 For computation of Long Term Capital Gain on Residential Property, holding period is 36 months only.

However, I want to know whether these 36 months will be from the DATE OF INVESTMENT/REGISTRATION OR it is from the DATE OF POSSESSION ?

Request the members to respond with their views along with relevant case laws etc.,

20 May 2012 its when both the activities are completed.. i.e registration and possession. if u get only possession ot its only registered is not enough.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query