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Capital gain

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(Querist)
21 February 2019 PROPERTY PURCHASED IN 2016 & SOLD IN FEB 2019,WHETHER IT IS CONSIDER AS LONG TERM OR SHORT TERM.WHAT IS THE EFFECT OF NOTIFICATION OF 24MONTHS CRITERIA IN THIS CASE.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
21 February 2019 Long term. Minimum holding period is 24 months.
Please see section 2(42A), 3rd proviso.

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