11 January 2011
in year 1980 i made investment in plot agreemnet in both the husbend $ wife name , in the year 2008 my wife died ,agreemnet divided between my two sons &also me.in the year 2009 we strated construction activity , & construct 44 units ,& show stock in trade , whether conversion of investment in to stock in trade liable to ltcg . please give me section reference & case laws, year of chargebility its urgent
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