Clarification on ltcg

This query is : Resolved

Manoj Maruti Chavan (Querist)
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20 May 2012 For computation of Long Term Capital Gain on Residential Property, holding period is 36 months only.

However, I want to know whether these 36 months will be from the DATE OF INVESTMENT/REGISTRATION OR it is from the DATE OF POSSESSION ?

Request the members to respond with their views along with relevant case laws etc.,

Sanket Shah

Sanket Shah (Expert)
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20 May 2012 its when both the activities are completed.. i.e registration and possession. if u get only possession ot its only registered is not enough.