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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Nature of profits STCG or LTCG - the appellant held the Units ...


Appellant's 12-Month Holding Period Classifies Capital Assets as Long-Term, Resulting in Long-Term Capital Gains.

February 17, 2014

Case Laws     Income Tax     AT

Nature of profits STCG or LTCG - the appellant held the Units for period of 12 months and 1 day thus, capital assets in question were long term capital assets and consequently the gain was long term capital gains - AT

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