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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 October 2017 If I bought a flat in July 2015 and sold it off in November 2017, will I be eligible for Long Term Capital Gain as per the amendment of Finance Bill wherein the holding period has been reduced to 2 years from the existing 3 years
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Amol S Joglekar

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Amol S Joglekar (Expert)
31 October 2017 yes, the provision for period of holding as on the date of sale is applicable.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
01 November 2017 Yes, you are eligible for long term...
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