Nature of Capital gain – LTCG or STCG – The mere fact that ...
Issuance of Allotment Letter Determines Capital Gain Nature, Not Timing of Possession Delivery.
February 28, 2014
Case Laws Income Tax HC
Nature of Capital gain – LTCG or STCG – The mere fact that possession was delivered later, does not detract from the fact that the allottee was conferred a right to hold property on issuance of an allotment letter - HC
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