Capital gain
This query is : Resolved
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.
21 February 2019
Long term. Minimum holding period is 24 months.
Please see section 2(42A), 3rd proviso.
Please see section 2(42A), 3rd proviso.
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