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TMI BlogLong term v/s short term capital gains - capital asset was acquired way back in F.Y. 2006-2007 which is...Long term v/s short term capital gains - capital asset was acquired way back in F.Y. 2006-2007 which is accepted by the A.O, as such, on date of sale period of holding would be beyond 36 months - land remain as capital asset because of the peculiar facts and circumstances as per Notification of the Ministry of Defence - entry made in book on 06.04.2012 would not be relevant - LTCG ..... X X X X Extracts X X X X X X X X Extracts X X X X
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