In the following:-
- Mr.A got an asset during his family partition on 1999-2000.
- Mr.A died on 2002-03 FY.
- His son registered the assets in his name on July 2016 and sold the asset on next month august 2016.
The Query is:-
1.Whether it is consider to Long term or Short term?
2.What will be cost of acquisition?
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