Capital gain from sale of flats - short term or long term - ...

Capital gains from flat sales depend on the actual holding period of the flats, not just acquisition rights.

July 14, 2012

Case Laws Income Tax AT

Capital gain from sale of flats - short term or long term - computation of period of holding - The assessee had sold the flats and not its rights to acquire the flat and, therefore, the capital gain in the present case has to be computed in respect of assets being flats. - AT

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Capital gain from sale of flats - short term or long term - ...

Capital gains from flat sales depend on the actual holding period of the flats, not just acquisition rights.

July 14, 2012

Case Laws Income Tax AT

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