kamlesh patel (Accountant) (73 Points)
27 February 2025I had Sold the Residential Flat which was under construction, what will be tax implication whether LTCG or STCG?
Dt of Agreement : 14.08.2019
Dt of Possession : 04.08.2023
Cost of Purchase : 1.40 Crore
Dt of Sale : 02.01.2025
Sale Price : 1.55 Crore
Whether Gain of Rs 15 Lakh is liable for STCG or LTCG
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6575 Points)
Replied 27 February 2025
CAclubindia
