Land Purchased on 24/02/2011 and sold on 14/02/2014. Is it Long Term Capital Asset or Short Term Capital asset?
Capital gain
Dikshit Jain (Article Assistant) (38 Points)
24 December 2014
Dikshit Jain (Article Assistant) (38 Points)
24 December 2014Land Purchased on 24/02/2011 and sold on 14/02/2014. Is it Long Term Capital Asset or Short Term Capital asset?
Ganeshan
(Student CA Final )
(30 Points)
Replied 24 December 2014
Short Term Capital Asset. If land is Rural Agricultural Land then its not a capital assets
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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