Long Term Capital Assets - Reduced from 3 years to 2 years (36 months to 24 months) - Budget 2017-18 w.e.f. AY 2018-19

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..... s - FAQ - Dated:- 2-2-2017 - Clause - 003 - Amendment of section 2. THE FINANCE BILL, 2017 The existing provisions contained in clause (42A) of the said section defines the expression sh .....

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..... erty being land or building or both, the aforesaid period of holding shall be less than twenty-four months for it to be treated as short term capital asset. - FAQ - Frequently Asked Question .....

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