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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

STCG or LTCG - determination of period of holding of property - ...

Case Laws     Income Tax

August 17, 2018

STCG or LTCG - determination of period of holding of property - The registration of the property which was done subsequently on 11-07-2008 was only a formality. And therefore the period of 36 months of holding of long term capital Assets should be reckoned from 24-04-2008 and not from 11-07-2008 as wrongly adopted by the LD AO

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