Holding Period of flat shall be calculated back from date of allotment and payment of first installment

Sensys Technologies , Last updated: 25 September 2014  
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This paper is written to high light the impact of recent High Court decision in Ms Madhu Kaul CIT w.r.t. point of time when an assessee starts holding a real estate property. The decision will beneficially impact those assessee who are entering into real estate transactions as it may lead to

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